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BlackSky lowers FY25 revenue view to $105M-$130M from $125M-$142M

Consensus $120.93M. Lowers FY25 adjusted EBITDA view to breakeven to $10M from $125M-$142M. The company said, “This change was driven by near term volatility from the U.S. government budget process and timing related to some international contracts. Specifically, the Company adjusted its guidance for full-year 2025 to $105 million and $130 million in revenue and break-even to $10 million in adjusted EBITDA. Lastly, the Company is maintaining its full-year 2025 guidance for capital expenditures of between $60 million and $70 million. Despite the near-term volatility, the Company remains confident in its long-term prospects.”

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