Sidus Space (NASDAQ:SIDU) Announces Quarterly Earnings Results

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

Sidus Space Stock Down 1.3 %

Shares of SIDU opened at $1.48 on Tuesday. The firm’s 50 day moving average is $2.20 and its 200-day moving average is $2.45. Sidus Space has a 12-month low of $1.15 and a 12-month high of $7.65.

About Sidus Space

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.