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Sidus Space, Inc. Class A (SIDU)
NASDAQ:SIDU
RESEARCH TOOLSreports
Earnings Data
Report Date
May 09, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-1.4Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 31, 2025
|% Change Since: -4.05%
|Next Earnings Date:May 09, 2025
Earnings Call Sentiment|Neutral
While Sidus Space faced a decline in revenue and increased costs, leading to a larger net loss, the company made significant strides in expanding its satellite constellation, shifting to higher-margin services, and improving its cash position. The strategic shift towards AI-driven space technology and new contracts position the company for future growth.Company Guidance
During the Sidus Space Fourth Quarter 2024 Results Conference Call, the company provided guidance focused on strategic growth and financial stability for 2025. CEO Carol Craig outlined key accomplishments from 2024, such as the successful deployment of three LizzieSat satellites and the expansion of AI-driven space data services. The company emphasized its strategic shift to higher-margin revenue streams, resulting in a 22% decrease in total revenue to $4.7 million but also highlighted an increased pipeline of opportunities worth $200 million. Sidus strengthened its balance sheet, ending 2024 with $15.7 million in cash following a $37 million funding raise. CFO Adarsh Parekh noted a gross profit margin decline to negative 31% due to higher depreciation costs and contract mix, with a net loss of $17.5 million for the year. Looking ahead, Sidus aims to expand its satellite constellation, enhance AI capabilities, and move towards achieving EBITDA positivity and generating free cash flow.Expansion of Satellite Constellation
Sidus Space successfully launched three LizzieSat satellites, demonstrating their capability to design, build, launch, and operate satellites on an aggressive cadence.
Strategic Shift and Growth in High-Margin Services
Sidus transitioned from a manufacturing-driven revenue model to a space technology and AI company, focusing on higher-margin mission-critical solutions including AI-powered space data services.
Strong Pipeline and New Contracts
Estimated $200 million in identified opportunities, with $78 million in proposals submitted. New contracts with NASA, U.S. Navy, and prime contractors supporting the Department of Defense.
Significant Cash Position Improvement
Sidus ended 2024 with a cash balance of $15.7 million, an increase of $14.5 million from the previous year.
AI and Technology Advancements
Introduction of Sidus Orlaith, an AI-driven space data ecosystem enabling real-time on-orbit data processing, and securing FCC approval for space-to-space data relay.
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SIDU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SIDU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 31, 2025 | $1.48 | $1.42 | -4.05% |
| Nov 14, 2024 | $1.28 | $1.20 | -6.25% |
| Aug 19, 2024 | $3.81 | $3.11 | -18.37% |
| May 20, 2024 | $3.23 | $3.12 | -3.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sidus Space, Inc. Class A (SIDU) report earnings?
Sidus Space, Inc. Class A (SIDU) is schdueled to report earning on May 09, 2025, TBA Not Confirmed.
What is Sidus Space, Inc. Class A (SIDU) earnings time?
Sidus Space, Inc. Class A (SIDU) earnings time is at May 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SIDU EPS forecast?
Currently, no data Available
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