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BlackSky Reaffirms Its 2024 Outlook: Expects Revenue Of $102M-$118M Vs. Consensus Of $113.91M, Adjusted EBITDA Of $8M-$16M; Sees Capital Expenditures Of $55M-$65M, Primarily Driven By Investments In The Gen-3 Satellites

Benzinga ·  May 8 07:20

2024 Outlook

The Company maintains its outlook for full year 2024 revenue of between $102 million and $118 million, and full year 2024 Adjusted EBITDA of between $8 million and $16 million. In addition, the Company maintains its expectations for full year 2024 capital expenditures of between $55 million and $65 million, primarily driven by investments in the Gen-3 satellites.

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