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Sep 30, 2021
XTI Aerospace Q3 2021 Earnings Report
Inpixon reported a 74% increase in revenue for the third quarter of 2021.
Key Takeaways
Inpixon reported a 74% increase in revenue for the three months ended September 30, 2021, driven by strong demand for its smart office app and real-time location-based technologies. The company has over $100 million of liquidity as of September 30, 2021.
Achieved a 74% increase in revenue for the three months ended September 30, 2021.
Revenue growth primarily attributed to smart office app and real-time location based technologies.
Award-winning smart office app platform was adopted by several top-tier organizations during the quarter.
More than $100 million of liquidity as of September 30, 2021, including $66.8 million in cash and cash equivalents.
XTI Aerospace
XTI Aerospace
Forward Guidance
Inpixon believes its strong balance sheet will allow it to effectively execute on its business strategy.
Positive Outlook
- Gaining additional market awareness
- Deepening penetration of the market with solutions
- Identifying opportunistic acquisition targets
- Building upon established platform
- Enhancing own technologies