Intuitive Machines (LUNR) stock dropped 3% after Q2 earnings miss, reporting $0.29 EPS loss vs. $0.09 forecast and $206.2M revenue below $223.8M target.
Intuitive Machines' net losses nearly doubled to $46.4 million, despite CEO Steve Altemus calling the quarter "strong" with revenue quadrupling year-over-year. The company booked $920 million in new contracts in Q2, bringing its order book to $1.8 billion, enough for two years of work.
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