Intuitive Machines Soars Despite Q2 Miss | Business and Finance News

Intuitive Machines missed Q2 earnings and revenue targets, posting a 29-cent loss and $206 million in revenue—below expectations—but their stock is soaring. The company doubled down on its full-year revenue forecast of $900M–$1B and expects positive adjusted EBITDA. Backlog exploded to $1.8B from $300M last year, and they’re targeting a full lunar satellite network by 2028, fueling investor confidence in long-term growth despite the short-term stumble. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9da63310d72a4b0c