Satellogic (SATLW) to Release Earnings on Wednesday

Satellogic (NASDAQ:SATLWGet Free Report) is projected to announce its resultson Wednesday, August 5th. Analysts expect the company to post earnings of ($0.0250) per share and revenue of $9.5820 million for the quarter.

Satellogic Price Performance

Shares of Satellogic stock traded up $0.01 during mid-day trading on Wednesday, reaching $0.38. 35,397 shares of the stock traded hands, compared to its average volume of 77,806. The business has a 50-day moving average of $1.61 and a 200 day moving average of $1.36. Satellogic has a fifty-two week low of $0.08 and a fifty-two week high of $5.00.

Satellogic Company Profile

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Satellogic is a New York–listed geospatial analytics company specializing in the design, manufacture and operation of Earth observation satellites. Leveraging a proprietary high-resolution imaging platform, the company provides frequent revisit imagery and analytics to support applications in agriculture, forestry, infrastructure monitoring, and defense. Satellogic’s vertically integrated approach encompasses satellite development, ground station operations and data processing to deliver actionable insights to commercial and government clients.

Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic has pursued an ambitious plan to build a large constellation of small, cost-effective satellites.

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