Satellogic (SATLW) Projected to Post Earnings on Tuesday

Satellogic (NASDAQ:SATLW) is projected to announce its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of ($0.0425) per share and revenue of $5.2560 million for the quarter.

Satellogic Trading Down 5.9%

SATLW traded down $0.10 during trading on Tuesday, hitting $1.67. The company had a trading volume of 12,719 shares, compared to its average volume of 100,400. Satellogic has a one year low of $0.08 and a one year high of $2.40. The firm’s 50-day moving average price is $1.17 and its 200 day moving average price is $0.70.

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.