earnings
confidence high
sentiment positive
materiality 0.75
Spire Global Q3 revenue $28.6M (+29% YoY); positive FCF; restatement complete
Spire Global, Inc.
- Revenue $28.6M, up 29% YoY; nine-month revenue $88.8M, up 21% YoY.
- GAAP operating loss $13.7M; non-GAAP operating loss $6.1M.
- Positive cash from operations $14.0M and positive free cash flow $5.1M in Q3.
- Awarded record $40.0M of annual contract value in Q3.
- Completed restatement; filed Q2 and Q3 2024 Form 10-Qs.