Aug. 14 at 2:19 PM
Noble Capital Markets Research Report: SKYX Platforms (
$SKYX) – Revised Forecasts Reflect Phased Rollout, Long-Term Outlook Intact
Q2 results. SKYX reported Q2 revenue of
$23.1 million, up 7.5% year over year and 14.7% sequentially. Gross margin expanded 190bps to 30.3%, supported by a favorable mix shift toward proprietary tech-embedded products. The adj. EBITDA loss of
$2.6 million was slightly wider than our forecast of a
$2.3 million loss but reflects underlying operating leverage as revenue scales.
Read more: https://www.channelchek.com/news-channel/skyx-platforms-skyx-revised-forecasts-reflect-phased-rollout-long-term-outlook-intact