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Stock impact report

Spire Global Announces First Quarter 2024 Results

Spire Global, Inc. Class A (SPIR) 
US:NASDAQ Investor Relations: spireenergy.com/investors
Company Research Source: Business Wire
First quarter revenue of $25.7M; midpoint guidance of 20% sequential revenue growth for second quarterImproved GAAP operating loss in first quarter of ($11.9M), 18% year-over-year improvementLowered Non-GAAP operating loss1 to ($7.0M), 28% year-over-year improvementRobust remaining contracted performance obligations not yet recognized as revenue of $195.7 millionReiterating expectations for positive cash flow from operations for remainder of 2024 and positive free cash flow in summer 2024 VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading provider of space-based data, analytics and space services, today announced results for its quarter ended March 31, 2024. The Company will hold a webcast at 5:00 pm ET today to discuss the results.“For over a decade, Spire's trajectory has been shaped by two enduring global megatrends: global security and the escalating impacts of climate change,” said Peter Platzer, Spire CEO. “Since our founding, Show less Read more
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