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Knightscope Inc Class A (KSCP)
NASDAQ:KSCP
Earnings Data
Report Date
―TBA Not Confirmed
Period Ending
―Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Mar 31, 2025
|% Change Since: 14.23%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive revenue growth and operational efficiency improvements, alongside challenges such as federal contract delays and potential disruptions from moving facilities. While the company is making progress towards profitability, ongoing net losses and external uncertainties pose significant challenges.Company Guidance
During the first quarter of 2025, Knightscope reported a total revenue of $2.9 million, marking a 29% increase from the $2.3 million earned in the same period in 2024. This growth was fueled by a 25% increase in service revenues to $2.1 million and a 44% rise in product revenues to $809,000. The company's gross loss improved significantly to $700,000 from $1.4 million in the previous year, with the cost of revenue slightly decreasing to $3.6 million. Operating expenses also declined by 9% to $6.2 million, with notable reductions in sales and marketing expenses by 15% and G&A expenses by $800,000. The net operating loss reduced to $6.8 million from $8.3 million, and the net loss was 11% lower than the previous year's $7.6 million. Earnings loss per share improved to $1.29 from almost $4 per share last year. The company ended the quarter with a stronger cash balance, emphasizing its focus on achieving positive gross margins, scaling operations, and enhancing efficiency.Significant Revenue Growth
Total revenue for Q1 2025 was $2.9 million, marking a 29% increase from $2.3 million in Q1 2024. This growth was driven by a 25% increase in service revenue and a 44% increase in product revenue.
Improved Gross Loss and Cost Management
Gross loss decreased to $700,000 from $1.4 million the previous year, due to savings in the total cost of revenue. Operating expenses were reduced by 9% year-over-year.
Operating Loss Reduction
Net operating loss improved to $6.8 million from $8.3 million in Q1 2024. Net loss was 11% lower than the previous year's $7.6 million, aided by the absence of warrant liabilities.
Cash Position Strengthened
The company's cash balance was stronger than both Q1 2024 and the end of 2024, with approximately $11.2 million reported.
New Facility and Operational Efficiency
The company secured a new facility more than double the size of the previous one, expected to enhance collaboration and production efficiency.
KSCP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KSCP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $5.27 | $5.71 | +8.35% |
Mar 31, 2025 | $2.82 | $2.75 | -2.48% |
Apr 02, 2024 | $25.42 | $24.15 | -5.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Knightscope Inc Class A (KSCP) report earnings?
Currently, no data Available
What is Knightscope Inc Class A (KSCP) earnings time?
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What is KSCP EPS forecast?
Currently, no data Available