Intuitive Machines (LUNR) Q3 2024 Earnings Breakdown
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Description
Key Highlights: Strong Financial Performance: Intuitive Machines reported record revenue, gross margin, cash balance, and backlog, demonstrating robust growth and progress toward profitability. Key Contract Wins: The company secured major contracts with NASA, including a fourth CLPS mission and a potentially transformative Near Space Network data services contract. Progress Across Core Service Pillars: Intuitive Machines advanced in its three core service pillars: delivery (lunar missions), data transmission (Near Space Network), and infrastructure as a service (LTV development).
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