Satellogic is trading 7.2% up at ARS 8535.00 after investors continued reacting to its August 5 Q2 results, which included 259% year-over-year revenue growth.
- Revenue reached $15.9 million; operating income turned positive at $0.3 million and adjusted EBITDA reached $2.8 million, the company’s first positive results on both measures.
- Shares rose 5.67% on August 6 and 14.38% on August 4, extending the strong rally.
- Trading remains active during the August 7 session.