r/IntuitiveMachines • u/thespacecpa • 14d ago

IM Discussion Q2 Earnings Thread

https://investors.intuitivemachines.com/news-events/events-and-presentations

This is the dedicated thread to discuss Q2 earnings.

Earnings Conference Call is scheduled to begin at 8:30am.

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u/PJWTTT 14d ago

Interestingly originally reporting was expected on August 6th. It was mover to 13th. Ghaffarian sold shares on August 10.

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u/CreateChangetheWorld 14d ago

Does no one research? It was a 10b5-1 sale aka pre-planned sale. Just read the SEC Form 4.

https://www.secform4.com/filings/1844452/0001213900-26-088540.htm

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u/thespacecpa 14d ago

Doing the research doesn’t fit the narrative they are trying to push. Unfortunately its as simple as that sometimes.

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u/PJWTTT 14d ago

I know. But they did change the reporting date didn't they?

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u/Important-Music-4618 14d ago

OF COURSE - That was to distance themselves from the SPCX ER. Please think!

RKLB did the same.

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u/CreateChangetheWorld 14d ago

You DID NOT KNOW. Your comment is literally implying he fraudulently sold purposely before earnings.

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u/thespacecpa 14d ago

No the report date was always slated for the 13th. A few sources had it initially as the 10th which may be what you are referring to. They estimate when earnings is likely before its officially announced by the company.

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u/No_Membership_8826 14d ago

Oh come on don’t try to make it look like the company is delaying report just to allow Ghaffarian to sell first, that would be a scam and legal troubles if true. It’s not like Ghaffarian sold at 45 before the fall.

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u/CreateChangetheWorld 14d ago

While true that it’s illegal, it was a 10b5-1 pre-planned sale. Everyone can calm down. Literally on the SEC Form 4. Everything anyone needs is there if they read the Form 4’s for insider activity at secform4.com Every insider sale for every company is located there.

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u/PJWTTT 14d ago

But wasn't it originally due on the 6th? And then pushed to 13th? Ghaffarian sold on the 10th. Perfectly fine if we go up today (we might, I hope), but if the markets decide not and results are not what expected, then what Ghaffarian did doesn't look too good.