Mar. 3 at 12:49 PM
$BLDE
🚨 🚨 🚨
Revenue:
$70.8 million, exceeding analysts' expectations of
$64.09 million. This represents a 4.2% increase from Q2 2024.
Earnings Per Share (EPS): -
$0.05, missing the consensus estimate of -
$0.04 by
$0.01. This is an improvement over the
$0.15 loss in Q2 2024.
Net Loss:
$3.74 million, a 67% reduction in loss compared to Q2 2024.
Cash Position: The company ended Q2 2025 with
$113.4 million in cash and short-term investments.
Medical Division Growth: Medical revenue increased 17.6% year-over-year to
$45.1 million.
Passenger Division Divestiture: Blade is selling its passenger business to Joby Aviation for up to
$125 million, allowing the company to focus on its higher-margin medical division, which will be rebranded as Strata Critical Medical.
2025 Guidance: Reaffirmed 2025 guidance of
$245–265 million in revenue.