HERNDON, Va. (AP) — HERNDON, Va. (AP) — HawkEye 360 Inc. (HAWK) on Thursday reported a loss of $15.3 million in its second quarter.
On a per-share basis, the Herndon, Virginia-based company said it had a loss of 7 cents.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The defense technology company posted revenue of $49.8 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $45.2 million.
HawkEye 360 expects full-year revenue in the range of $215 million to $220 million.
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