NASDAQ$XTIA

XTI Aerospace Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Inpixon reported a decrease in revenue and an increase in net loss compared to the same quarter last year, while also progressing with a strategic transaction for its enterprise apps business.

Inpixon's Q3 2022 saw a decrease in revenue by approximately 6% compared to the same period last year, primarily due to delayed shipments in the IIoT product line and lower sales for the SAVES product line. The company is progressing with a strategic transaction to sell its enterprise apps business segment for approximately $69 million.

  • Inpixon's Q3 2022 revenue was $4.2 million, a decrease of approximately 6% compared to Q3 2021.
  • Gross profit for Q3 2022 was $2.9 million, a decrease of approximately 10% compared to Q3 2021.
  • Net loss attributable to stockholders for Q3 2022 was $17.6 million, compared to $33.6 million for the same period last year.
  • The company signed a definitive agreement for the spinoff and sale of its enterprise apps business segment with KINS Technology Group Inc. in a transaction valued at approximately $69 million.

Headline financials

Total Revenue

$4.18M

Previous: $4.45M-6.1%
EPS (adj)

-$3.96

Previous: -$3.75-5.6%
Capital Expenditures

-$221K

Previous: -$258K+14.3%
Free Cash Flow

-$17.8M

Previous: -$33.9M+47.5%
Net Income

-$17.6M

Previous: -$33.6M+47.7%
Operating Income

-$10.4M

Previous: -$12.5M+16.6%
Gross Profit

$2.92M

Previous: $3.26M-10.5%
Cash & Equivalents

$63.2M

Previous: $66.8M-5.4%
Total Assets

$109M

Previous: $191M-43.2%
Stock-Based Comp

$688K

Previous: $1.66M-58.7%

Revenue & EPS history

XTI Aerospace · Revenue · Quarterly

$4.18M

Q3 2022-6.1%vs Q3 2021
Beat estimate in 1 of 8 quarters(13%)
ActualEstimate

Forward guidance

Inpixon management will host a conference call today at 4:30 PM Eastern Time to discuss the company’s financial results for the 2022 third quarter ended September 30, 2022, as well as review the company’s corporate progress and other developments.

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 Q3 2022

Historical avgQ3 2022

-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

Earnings price reactions
QuarterReport dateReaction (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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