Satellogic (NASDAQ:SATLW – Get Free Report) is anticipated to post its results before the market opens on Wednesday, August 5th. Analysts expect Satellogic to announce earnings of ($0.0250) per share and revenue of $9.5750 million for the quarter.
Satellogic Stock Up 28.9%
SATLW traded up $0.13 during trading on Tuesday, hitting $0.60. The company’s stock had a trading volume of 36,324 shares, compared to its average volume of 76,551. The business’s 50 day simple moving average is $1.35 and its 200-day simple moving average is $1.35. Satellogic has a one year low of $0.08 and a one year high of $5.00.
About Satellogic
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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