Spire Global Q3 revenue $27.3M (+34% YoY); raises full-year guidance

Spire Global, Inc.

2023-Q3 EPS reported -$2.71 revenue$77,978,000

Record quarterly revenue of $27.3M, 34% YoY increase, exceeded top of guidance by $0.3M.
GAAP gross margin 65% (+15pt YoY); non-GAAP gross margin 69% (+14pt YoY).
Improved GAAP operating loss to ($11.0M) (33% YoY improvement); adjusted EBITDA loss ($3.4M) (60% improvement).
Raises FY2023 revenue and earnings guidance; expects positive cash flow from ops in Q4 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Spire Global, Inc. reported financial results for the quarter ended September 30, 2023.

Period: the quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 8, 2023, Spire Global, Inc. (“Spire”) issued a news release announcing its financial results for the quarter ended September 30, 2023.

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Spire Global, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-061151

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