BlackSky Technology Second Quarter 2025 Earnings: EPS Misses Expectations
Key Financial Results
Revenue: US$22.2m (down 11% from 2Q 2024).
Net loss: US$41.2m (loss widened by 339% from 2Q 2024).
US$1.27 loss per share (further deteriorated from US$0.52 loss in 2Q 2024).
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All figures shown in the chart above are for the trailing 12 month (TTM) period
BlackSky Technology EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 183%.
Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in the US.
Performance of the American Professional Services industry.
The company's shares are down 9.4% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for BlackSky Technology (of which 1 doesn't sit too well with us!) you should know about.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Bri-Chem Announces 2025 Second Quarter Financial Results
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Three months ended Six months ended June 30 ChangeJune 30 Change(in '000s except per share amounts)2025 2024 $ % 2025 2024 $ %Financial performance Sales $ 20,534$ 19,105$ 1,430 7%$ 40,443$ 40,477$ (34 )(0%)Adjusted EBITDA(1)1,045 706 338 48% 1,511 264 1,248 474%As a % of revenue5% 4% 4% 1% Operating earnings772 620 152 24% 748 476 273 57%Adjusted net earnings / (loss) (1)60 (584 )644 (110%) (558 )(2,351 )1,792 (76%)Net earnings / (loss) $ 157$ (488 ) $ 645 (132%)$ (255 ) $ (1,994 ) $ 1,739 (87%)Per diluted share Adjusted EBITDA (1) $ 0.04$ 0.03$ 0.01 38%$ 0.06$ 0.01$ 0.05 504%Adjusted net earnings / (loss) (1) $ 0.01$ (0.02 ) $ 0.03 (137%)$ (0.02 ) $ (0.09 ) $ 0.07 (79%)Net earnings / (loss) $ 0.02$ (0.02 ) $ 0.04 (218%)$ (0.01 ) $ (0.08 ) $ 0.07 (93%)Financial position Total assets $ 53,404$ 59,191$ (5,787 )(10%)Working capital 11,136 14,143 (3,006 )(21%)Long-term debt 6,399 6,616 (217 )(3%)Shareholders equity $ 19,405$ 21,596$ (2,190 )(10%)(1) Non-GAAP financial measure. Refer to "Non-GAAP Financial Measures" in this press release. Key Q2 2025 highlights include: Consolidated sales for the three months ended June 30, 2025 were $20.5 million, representing a 7% increase from the prior year. The increase is primarily due to increased sales in the fluid distribution division in the USA Rockies region. Consolidated gross margin for the three months ended June 30, 2025 decreased by $152 thousand compared to the same period last year. The gross margin dollar decrease is primarily related to the unfavorable change in product mix in the fluid blending and packaging division. Adjusted EBITDA for the second quarter 2025 was $1.0 million compared to $706 thousand for Q2 2024 representing an increase of $340 thousand when compared to the same period in the prior year and operating earnings increased by $152 thousand for the three months ended June 30, 2025 compared to the prior year due to a decrease in bad debt expense. 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Bri-Chem's Canadian blending and packaging division generated sales of $3.9 million for the three months ended June 30, 2025, compared to Q2 2024 sales of $4.3 million, representing a quarterly decrease of $358 thousand. The slight decrease in sales relates to lower cementing and stimulation activities in Western Canada. US blending and packaging sales for the three months ended June 30, 2025 were $2.5 million compared to $2.2 million in the prior year. The $332 thousand increase is due to an increase in cementing activities in the California region. Operating earnings for the three months ended June 30, 2025 was $772 thousand which is an increase from earnings of $620 thousand in the same period in the prior year. Adjusted EBITDA was $1.0 million for Q2 2025 compared to $706 thousand for Q2 2024. The increase is primarily driven by the foreign exchange gain. Adjusted EBITDA as a percentage of sales was 5% for the quarter, which is an increase from 4% in Q2 2024. 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In the United States, the rig count is expected to stabilize following a moderate decline in the first half of the year, supported by targeted investments in high-yield basins and continued operational discipline by U.S. producers. In this context, Bri-Chem anticipates that Canadian drilling fluids demand will remain relatively soft through the third quarter, with some recovery possible in the fourth quarter as customers begin preparing for 2026 drilling programs. U.S. fluid distribution sales are expected to remain stable, buoyed by sustained activity in key regions such as the Permian Basin and gradual improvement in areas like California and the Rockies. Bri-Chem remains committed to managing its business with a disciplined focus on working capital efficiency, cost control, and margin preservation. 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Additional information about Bri-Chem is available at or at Bri-Chem's website at To receive Bri-Chem news updates send your email to ir@ For further information, please contact: Tony Pagnucco CPA, CABri-Chem (780) 571-8587E: tpagnucco@ Forward-Looking Statements Certain statements contained in this press release constitute forward-looking information or forward-looking statements (collectively, "forward-looking statements"). These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking statements and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. 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