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Intuitive Machines Q2 earningsThe Motley Fool
•80% Informative
Intuitive Machines ( NASDAQ : LUNR) reported a surprise profit of $ 0.29 per share in Q2 .
The space company generated $41.4 million in revenue, but the cost of building its lunar landers was $51.7 million .
At current revenue levels, the company simply doesn't have the scale built up to earn a profit from its business.
Intuitive Machines wasn’t one of the 10 best stocks for investors to buy now.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 796,586 ! The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002
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