Moon Lander Maker Intuitive Machines Tops Sales Expectations (1)

Intuitive Machines Inc. topped Wall Street’s sales expectations for last quarter, another boost for the company that recently gained fame for landing a spacecraft on the moon.

Revenue was $30.6 million for the three-month period ending Dec. 31, the company said Thursday in a statement. That compared with the average $24.7 million predicted in three analysts’ estimates compiled by Bloomberg. The company lost $2.95 million in adjusted earnings before interest, taxes, depreciation and amortization in the quarter, which ended before the lunar mission.

Intuitive Machines said its cash balance rose to $54.6 million as of March 1 after an ...