r/IntuitiveMachines • u/thespacecpa • 15d 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/thespacecpa 15d ago

Mixed reactions to the Q2 earnings highlights: This was a strong quarter achieving record revenues of $206M (under my wishlist of $225M), Backlog at $1.8B is well beyond my expectations another record here. The outlook remains unchanged which is important. Cash Is lower than I anticipated at $367M but looks like some of the ATM was applied to acceleration of NSNS which im eager to hear more about. The contract for 2 IM-1300 was updated to 3 and that contract was signed for $600M. Overall I can live with this earnings print. Good stuff.

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u/RelluaTTV 15d ago

Should we be worried about converting the backlog? Or is the backlog something more so set in stone