Astroscale Holdings Inc. ( (JP:186A) ) has issued an announcement.
Astroscale Holdings Inc. has revised its consolidated financial forecast for the fiscal year ending April 2025, citing delays in contract signings and government subsidies as key factors. The company anticipates a significant decrease in revenue and profit, but remains optimistic about potential interest from other commercial customers for its LEXI servicer projects. The delay in revenue recognition is expected to be temporary, with recovery projected in the following fiscal year.
More about Astroscale Holdings Inc.
Astroscale Holdings Inc. operates in the aerospace industry, focusing on space debris removal and satellite servicing. The company is known for its innovative solutions in maintaining and extending the life of satellites, contributing to sustainable space operations.
YTD Price Performance: -2.65%
Average Trading Volume: 4,554,881
Technical Sentiment Signal: Hold
Current Market Cap: Yen90.28B
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