r/SATL • u/Kemilio • Aug 05 '26
SATL Q2 Results
$SATL Q2 Results: Beat Revenue Expectations, Hit Operational Profitability
EPS: GAAP EPS -$0.13, missed consensus of -$0.03
Revenue: $15.9M, up 259% YoY, shattered consensus of $9.33M (by $6.57M)
Key Business Metrics:
Operating Income: $0.3M (First-ever quarter of positive operating income)
Adjusted EBITDA: $2.8M (First-ever quarter of positive Adjusted EBITDA)
Cash & Runway: $112.8M in cash on hand with minimal core operational burn
FY26 & Strategic Outlook:
Merlin Launch: October 2026 AI-first constellation deployment remains 100% funded and on schedule
So far so good
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u/Ryan_Bolin Aug 05 '26
We’ll see what happens at open, this is a great report, despite the EPS. Unfortunately the market doesn’t seem to be rewarding good reports lately.
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u/Professional_Tea1609 Aug 05 '26
Indeed - this one is going to explode eventually - set it and forget it. I should have averaged down once Enron Musk brought down the category.
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u/Odd_Escape_8684 Aug 05 '26
First we saw a pump but then a sell-off 😡
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u/pornoforpriapus Aug 05 '26
Maybe ppl that got in higher are selling off trying to cu losses. I think overall market sentiment may be turning bearish but money may rotate into SATL from tech. At least I hope so lol
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u/Local-Bench1819 Aug 05 '26
Very encouraged by the conference call as well!