financetom
Business
financetom
/
Business
/
Sidus Space Q3 revenue falls, net loss widens
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sidus Space Q3 revenue falls, net loss widens
Nov 14, 2025 2:15 PM

Overview

* Sidus Space Q3 2025 revenue falls 31% yr/yr due to strategic pivot

* Net loss widens to $6.0 mln from $3.9 mln in Q3 2024

* Company raises capital to fund technology initiatives across multiple domains

Outlook

* Company focuses on aligning spend with near-term revenue milestones

* Sidus Space ( SIDU ) aims to expand global partnerships and accelerate commercialization

* Company identifies operational efficiencies to reduce SG&A expenses

Result Drivers

* STRATEGIC PIVOT - Revenue decreased 31% due to shift from legacy services to new commercial models

* COST INCREASES - Higher costs driven by increased satellite depreciation and material and labor expenses

* TECHNOLOGY EXPANSION - Capital raised to fund technology initiatives across multiple domains

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $1.30

Revenue mln

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* The average consensus recommendation for the aerospace & defense peer group is "buy"

* Wall Street's median 12-month price target for Sidus Space Inc ( SIDU ) is $10.00, about 91.8% above its November 13 closing price of $0.82

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Skycorp Solar Group Co To Acquire Equity Interest In Nanjing Cesun Power Co., Ltd
BRIEF-Skycorp Solar Group Co To Acquire Equity Interest In Nanjing Cesun Power Co., Ltd
Oct 14, 2025
Oct 14 (Reuters) - Skycorp Solar Group Ltd ( PN ): * CO TO ACQUIRE EQUITY INTEREST IN NANJING CESUN POWER CO., LTD * CO TO ACQUIRE EQUITY INTEREST OF 24.0% IN NANJING CESUN POWER FOR $8.7 MILLION * CO WILL SATISFY PURCHASE CONSIDERATION THROUGH ISSUANCE OF ADDITIONAL 12 MILLION CLASS B ORDINARY SHARES OF CO TO SKYLINE Source text:...
Leonardo DRS Wins US Army Contract to Develop Vehicle Power Kits
Leonardo DRS Wins US Army Contract to Develop Vehicle Power Kits
Oct 14, 2025
04:18 PM EDT, 10/14/2025 (MT Newswires) -- Leonardo DRS ( DRS ) said late Tuesday that it has received a US Army contract to develop prototype Vehicle Integrated Power Kits that deliver on-demand, exportable power from tactical vehicles to essential field systems. The prototypes will utilize Leonardo DRS's ( DRS ) TITAN On-Board Vehicle Power system, capable of producing up...
BRIEF-Presslogic Inc Sees Us IPO Of 1.8 Million Class A Ordinary Shares
BRIEF-Presslogic Inc Sees Us IPO Of 1.8 Million Class A Ordinary Shares
Oct 14, 2025
Oct 14 (Reuters) - * PRESSLOGIC INC SEES US IPO OF 1.8 MILLION CLASS A ORDINARY SHARES * EXPECT IPO PRICE OF CLASS A ORDINARY SHARES WILL BE BETWEEN US$4.00 AND US$6.00 PER SHARE Source text: Further company coverage: [ ] ...
Blue Moon Metals Hits 52 Week Highs After Moving To Buy Springer Mine and Mill in Nevada; Also Plans NASDAQ Uplisting
Blue Moon Metals Hits 52 Week Highs After Moving To Buy Springer Mine and Mill in Nevada; Also Plans NASDAQ Uplisting
Oct 14, 2025
04:21 PM EDT, 10/14/2025 (MT Newswires) -- Blue Moon Metals ( BMOOF ) gained 20% and hit fresh 52 week highs Tuesday on news it had entered into a memorandum of understanding on Friday with Goods LG LLC to acquire the Springer mine, mill, and related infrastructure in Pershing County, Nevada. The agreement gives Blue Moon exclusive rights to pursue...
Copyright 2023-2026 - www.financetom.com All Rights Reserved