Sidus Space (NASDAQ:SIDU) Announces Quarterly Earnings Results, Beats Expectations By $1.61 EPS

Sidus Space (NASDAQ:SIDU) posted its earnings results on Monday. The company reported ($0.39) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.00) by $1.61, Zacks reports. Sidus Space had a negative net margin of 291.96% and a negative return on equity of 129.87%. The firm had revenue of $0.94 million during the quarter, compared to analyst estimates of $4.90 million.

Sidus Space Trading Down 1.3 %

Shares of NASDAQ SIDU opened at $1.48 on Tuesday. Sidus Space has a 12-month low of $1.15 and a 12-month high of $7.65. The stock has a 50 day simple moving average of $2.20 and a 200-day simple moving average of $2.45.

Sidus Space Company Profile

Sidus Space, Inc, a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its space services include satellite/space hardware manufacturing; Low Earth Orbit (LEO) launch and deployment services; and space-based geospatial intel, imagery, and data analytics.