SKYX Platforms Revenue Jumps 8% in Q2

SKYX Platforms (NASDAQ:SKYX), a developer of advanced smart-home and safety platform technologies, released its earnings for the second quarter of fiscal 2025 on August 12, 2025. Gross profit (GAAP) increased to $7.0 million. These results signal both sequential and year-over-year improvement as the company continued to prioritize innovation and market expansion. SKYX exceeded expectations, with GAAP revenue of $23.1 million and non-GAAP EPS of $0.02, both above analyst estimates, and delivered notable progress, though it remains unprofitable and is still investing heavily to capture broader market adoption.Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q2 2025 earnings report. SKYX Platforms is focused on developing innovative plug-and-play solutions for electrical fixtures, smart ceiling fans, lighting, and home platforms. The company’s hallmark is its Smart Sky Platform, which lets users quickly, safely, and easily install or upgrade electrical fixtures and smart-home devices. By integrating advanced safety features and user-friendly technology, SKYX aims to address key concerns for homeowners and builders alike.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool