Satellite imagery company BlackSky ekes out first quarterly profit

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Satellite imagery venture BlackSky delivered its first quarterly profit on Wednesday, as the company works to keep up momentum into the end of the year.

BlackSky reported net income of $675,000 for the third quarter, improving from a net loss of $13.1 million reported for the same period a year ago.

BlackSky reported net income of $675,000 for the third quarter, improving from a net loss of $13.1 million reported for the same period a year ago. The company brought in $21.3 million in third-quarter revenue, up 26% from a year prior.

 

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