secwatch.observer — SEC 8-K summary
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Issuer:     Spire Global, Inc. (SPIR)
CIK:        0001816017
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0000950170-23-061151
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816017/000095017023061151/0000950170-23-061151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816017/000095017023061151/spir-20231108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-061151

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer