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Stock impact report

Spire Global Inc (SPIR) Reports Strong Q4 and Full Year 2023 Results with Positive Cash Flow [Yahoo! Finance]

Spire Global, Inc. Class A (SPIR) 
US:NASDAQ Investor Relations: spireenergy.com/investors
Company Research Source: Yahoo! Finance
Net Loss : Improved net loss in Q4 to $12.2M; 30% YOY improvement. Cash Flow : Positive cash flow from operations of $4.1M and free cash flow of ($2.2M) in Q4. Adjusted EBITDA : Achieved positive adjusted EBITDA of $2.1M in Q4. Guidance : Q1 2024 revenue projected between $27.0M to $29.0M; FY 2024 revenue projected between $138.0M to $148.0M. Warning! GuruFocus has detected 8 Warning Signs with SPIR. On March 6, 2024, Spire Global Inc ( NYSE:SPIR ) released its 8-K filing , announcing its financial results for the fourth quarter and full year ended December 31, 2023. The company, a leading provider of space-based data, analytics, and space services, reported its tenth consecutive quarter of record revenue and significant year-over-year improvements in operating and net losses. Company Overview Spire Global Inc is known for its space-based data and analytics solutions, which are critical for maritime, aviation, weather forecasting, and space services. The company's data Show less Read more
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