🟢 Satellogic is trading 5.3% up today after reporting a 259% revenue jump and reaching a profitability inflection point

Satellogic is trading 5.3% up at $5.08 after reporting a sharp acceleration in growth and reaching a key profitability inflection point in its second-quarter results.

• Revenue surged 259% year-over-year to $15.9 million, driven primarily by sovereign defense contracts and improved operating leverage.
• The company achieved positive operating income and Adjusted EBITDA for the first time, signaling a shift toward sustainable underlying profitability.
• Investors are focusing on the strong growth trajectory and operational milestones, looking past a GAAP net loss caused by a non-cash charge.