Intuitive Machines (LUNR) in Pivotal Point Check: Record Quarter, $1.9 Billion Order Backlog, and New NASA and Defense Deals Accelerate!
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Record quarter exceeds expectations: Revenue quintupled in Q3 to $269.35 million, and the loss decreased to -$0.02 per share. Operational turning point reached: For the first time, the adjusted EBITDA turned positive at $8.3 million, accompanied by $33.5 million in free cash flow. Strong order backlog until 2027: New defense and NASA deals have raised the order backlog to $1.9 billion. Intuitive Machines, a provider of space infrastructure, lunar missions, and satellite production based in Houston, caused significant movement in the...
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