Satixfy Communications sees FY24 revenue $17M-$19M, consensus $19M

The company said, “During the fourth quarter of 2024, the Company signed a number of key agreements and expects to meet certain milestones which will result in a significantly increased level of service revenues in the fourth quarter. As such, the Company currently expects to report full year 2024 revenues of between $17 and $19 million with a gross margin of between 70% and 75%.”