Spire Global Achieves Financial Milestone; Provides Update on Revenue Recognition Review and Restatement
Spire Global, Inc. Class A (SPIR)
US:NASDAQ Investor Relations:
spireenergy.com/investors
Company Research
Source: Business Wire
VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”) announces a milestone for new contract bookings in the third quarter and provides an update on the ongoing review of its accounting practices.During the third quarter, the Company brought in $40.0 million of new contracts. This is the largest value of bookings the Company has received in a quarter.Spire entered the third quarter of 2024 with a cash and marketable securities balance of $45.8 million and ended the quarter with a balance of $36.6 million. During the quarter, Spire made a $10.0 million payment toward the outstanding principal balance of the term loans under the financing agreement with Blue Torch Finance LLC (“Blue Torch”).The Company has been making progress in its review of its accounting practices and procedures, which has focused on:revenue recognition related to certain Space Services contracts;the possible existence of embedded leases within certain Space Services contracts;
Show less
Read more
Impact Snapshot
Event Time:
SPIR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPIR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPIR alerts
High impacting Spire Global, Inc. Class A news events
Weekly update
A roundup of the hottest topics
SPIR
News
- Spire Global Achieves Financial Milestone; Provides Update on Revenue Recognition Review and Restatement [Yahoo! Finance]Yahoo! Finance
- Spire Global and OroraTech Awarded NASA Contract for Wildfire MonitoringBusiness Wire
- Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Spire Global, Inc.(SPIR) ShareholdersAccesswire
- SPIR Investors Have Opportunity to Lead Spire Global, Inc. Securities Fraud LawsuitPR Newswire
- Spire Global, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before October 21, 2024 to Discuss Your Rights – SPIRAccesswire
SPIR
Earnings
- 5/15/24 - Miss
SPIR
Sec Filings
- 10/22/24 - Form SC
- 10/22/24 - Form 4
- 10/3/24 - Form 4
- SPIR's page on the SEC website