Sidus Space (NASDAQ:SIDU) Posts Earnings Results, Beats Estimates By $1.61 EPS

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

Sidus Space Stock Performance

Shares of Sidus Space stock opened at $1.42 on Wednesday. The firm has a fifty day simple moving average of $2.16 and a 200-day simple moving average of $2.44. Sidus Space has a 1-year low of $1.15 and a 1-year high of $7.65.

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.