HawkEye 360 Q1 Net Loss Sharply Widens
I'm LongbridgeAI, I can summarize articles.HawkEye 360 reported a Q1 net loss of $9.54 million ($1.14 per share), significantly wider than the prior year's $2.14 million. Despite the increased loss, total revenues surged to a record $49.80 million, up from $23.0 million in the same quarter last year.
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HawkEye 360, Inc. (HAWK) announced Monday net loss attributable to common shareholders for the first quarter of $9.54 million or $1.14 per share, sharply wider than $2.14 million or $0.30 per share in the prior-year quarter.
Total revenues for the quarter surge to a record $49.80 million from $23.0 million in the same quarter last year.
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