I am interested in knowing the revenue generated by Sidus solutions. I would like to have an understanding of their financial performance and specifically, want to know about their revenue.
5 answers
Andrea
Fri Nov 22 2024
Sidus Space, listed on NASDAQ with the ticker SIDU, has released its financial results for the third quarter of 2024. The report indicates a remarkable growth trajectory for the company.
AltcoinExplorer
Fri Nov 22 2024
The revenue figure for Q3 2024 stands at $1.9 million. This represents a substantial 90% increase when compared to the same period in the previous year. Such robust growth underscores the company's expanding market presence and operational efficiency.
SsamziegangSerenadeMelody
Fri Nov 22 2024
Gross profit has also seen a significant improvement. Sidus Space achieved a gross profit of $38,000 in Q3 2024, marking a remarkable 140% increase from the previous year. This indicates a healthy margin and effective cost management.
noah_harrison_philosopher
Thu Nov 21 2024
In addition to revenue and gross profit growth, the company has also made strides in reducing its losses. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) loss has been reduced by 33% to $2.5 million. This reduction in losses is a positive sign for the company's financial health.
SolitudeEcho
Thu Nov 21 2024
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