NASDAQ$XTIA
XTI Aerospace Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Inpixon reported a decrease in revenue due to delayed shipments and lower sales for the SAVES product line, while improving gross margins and preserving a solid balance sheet.
Inpixon reported a decrease in revenue for the second quarter of 2023, primarily due to decreased Indoor Intelligence sales and lower sales for the SAVES product line. However, the company improved its gross margins and maintained a strong cash position. A definitive merger agreement with XTI Aircraft was announced, expected to close in Q4 2023.
- Inpixon entered into a definitive merger agreement with XTI Aircraft, expected to be completed in Q4 2023.
- Revenues for Q2 2023 were $2.1 million, compared to $2.6 million for the same period last year.
- Gross profit margin increased to 81% for Q2 2023, compared to 67% for the same period last year.
- Cash and cash equivalents totaled over $15.7 million as of June 30, 2023.
Headline financials
Revenue & EPS history
XTI Aerospace · Revenue · Quarterly
$2.06M
Forward guidance
Inpixon anticipates closing the transaction with XTI Aircraft during the fourth quarter of 2023. The combined company aims to advance the TriFan 600 and offer RTLS solutions to industrial markets.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2023
-4.8%
Avg return
Earnings day
-5.7%
Avg return
5 days after
-8.1%
Avg return
30 days after
32%
17 / 53 earnings
Positive
+24.6%
Q2 2018
Best reaction
-58.0%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | -4.4% | +2.8% | |
| Q3 2025 | -9.3% | -0.7% | -11.1% | |
| Q2 2025 | -0.5% | -4.9% | -16.4% | |
| Q1 2025 | -58.0% | +20.1% | +203.0% | |
| Q3 2024 | -10.8% | -12.3% | -29.8% | |
| Q2 2024 | -4.9% | -1.9% | +6.5% | |
| Q1 2024 | -31.5% | -43.6% | -73.1% | |
| Q4 2023 | -3.2% | -7.1% | -7.1% | |
| Q3 2023 | +1.5% | +1.5% | +14.7% | |
| Q2 2023 | +13.3% | +15.7% | -11.3% | |
| Q1 2023 | +7.0% | +11.5% | +4.0% | |
| Q4 2022 | +23.5% | +4.9% | +9.2% | |
| Q3 2022 | -5.8% | -16.8% | -45.8% | |
| Q2 2022 | -4.9% | -10.1% | -19.6% | |
| Q1 2022 | -14.4% | -26.5% | -50.2% | |
| Q4 2021 | -21.5% | -14.8% | -37.4% | |
| Q3 2021 | -2.9% | -13.8% | -16.3% | |
| Q2 2021 | -1.9% | -1.9% | -8.7% | |
| Q1 2021 | +2.0% | +4.9% | +16.7% | |
| Q4 2020 | +2.6% | +0.0% | -0.9% | |
| Q3 2020 | -1.0% | +2.0% | +2.9% | |
| Q2 2020 | -15.2% | -15.8% | -32.3% | |
| Q1 2020 | +12.7% | +6.4% | +72.7% | |
| Q4 2019 | +13.8% | -6.3% | -49.6% | |
| Q3 2019 | -9.2% | -20.7% | -53.3% | |
| Q2 2019 | -20.0% | -20.7% | -35.2% | |
| Q1 2019 | +8.1% | +3.5% | -11.8% | |
| Q4 2018 | +1.5% | -0.5% | +2.1% | |
| Q3 2018 | -39.8% | -36.5% | -30.7% | |
| Q2 2018 | +24.6% | +24.5% | +89.1% | |
| Q1 2018 | -13.2% | -16.6% | -8.6% | |
| Q4 2017 | +0.0% | -0.5% | -69.7% | |
| Q3 2017 | -16.8% | -13.0% | -44.4% | |
| Q2 2017 | -1.9% | -13.6% | -23.1% | |
| Q1 2017 | -14.3% | -14.3% | -34.9% | |
| Q4 2016 | +6.7% | +1.4% | -24.7% | |
| Q3 2016 | +5.9% | +14.7% | +35.3% | |
| Q2 2016 | -6.5% | -8.7% | -21.7% | |
| Q1 2016 | -16.3% | — | — | |
| Q4 2015 | +0.0% | — | — | |
| Q3 2015 | +3.1% | — | — | |
| Q2 2015 | +1.9% | — | — | |
| Q1 2015 | -7.1% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q3 2014 | -38.4% | — | — | |
| Q2 2014 | +1.8% | — | — | |
| Q1 2014 | -7.9% | — | — | |
| Q4 2013 | +10.0% | — | — | |
| Q3 2013 | -9.1% | — | — | |
| Q2 2013 | -7.1% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2012 | +0.0% | — | — | |
| Q3 2012 | +0.0% | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
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