Spire Global

Spire Global, Inc. collects space-based data using a proprietary constellation of low earth multi-use receiver nanosatellites. Its software analytics generate proprietary data, insights and predictive analytics for its customers through a subscription model. The company was founded by Peter Platzer in August 2012 and is headquartered in Vienna, VA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Spire Global reports revenue growth and strategic partnerships for 2024

Spire Global's Q1 2024 performance showed revenue growth, improved operating loss, and a strong cash position, with a positive outlook for full-year revenue.
The company's strengths lie in its focus on profitability, AI-driven solutions, strong market positioning, and strategic partnerships.
Challenges include short-term revenue impacts, contract renewals, and potential integration complexities, while opportunities exist in expanding services, government interest, and advanced technology collaborations.
Overall, Spire Global remains committed to growth, innovation, and profitability in the space industry, leveraging AI and strategic partnerships for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Spire Global (NYSE: SPIR ) stock is falling hard on Thursday following the release of the data analytics company's earnings report for the first quarter of 2024. The bad news for SPIR stock starts with its adjusted earnings per share of -53 cents.

Why Is Spire Global (SPIR) Stock Down 22% Today?

Spire Global, Inc. (NYSE:SPIR ) Q1 2024 Earnings Conference Call May 15, 2024 5:00 PM ET Company Participants Ben Hackman - Head, IR Peter Platzer - CEO Leo Basola - CFO Conference Call Participants Austin Moeller - Canaccord Genuity Jeffrey Meuler - Baird Erik Rasmussen - Stifel Brian Kinstlinger - Alliance Global Partners Operator Greetings, and welcome to the Spire Global's First Quarter 2024 Call. At this time, all participants are in a listen-only mode.

Spire Global, Inc. (SPIR) Q1 2024 Earnings Call Transcript

VIENNA, Va.--(BUSINESS WIRE)---- $SPIR--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 foundi.

Spire Global Announces First Quarter 2024 Results

Rocket Lab USA

Virgin Galactic

Space stocks are becoming increasingly appealing to investors as broader market indices, such as the S&P 500, experience declines. This market downturn presents a unique opportunity.

3 Space Stocks With the Potential to Make You an Overnight Millionaire

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has entered into a multi-million-dollar deal with a financial firm. The Company will provide its High-Resolution Weather Forecast model, which offers a six-day outlook powered by proprietary data collected from space, and develop an AI-powered model for long-range forecasting. Through this deal, Spire will build off of its recent collabor.

Spire Global Secures Multi-Million Dollar Deal with Financial Firm for Weather Forecasts

Applied Optoelectronics

American Superconductor

Aemetis

iShares Russell 2000 ETF

QuickLogic

RADCOM

Red Violet

Microcaps that get added to the Russell 2000 generally see forced buying from index ETFs and mutual funds. The Russell inclusion for 2024 will add stocks to the index with market caps around $184 million.

7 Microcaps To Buy Ahead Of Possible Russell 2000 Inclusion

VIENNA, Va.--(BUSINESS WIRE)---- $SPIR #SpireGlobal--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading provider of space-based data, analytics and space services, announced today that it will hold a conference call with investors and analysts on Wednesday, May 15, 2024 at 5:00 p.m. ET to discuss the Company's first quarter 2024 financial results. The news release announcing the results will be disseminated on May 15, 2024 after the market closes. A live webcast of the conference call will be avail.

Spire Global Schedules First Quarter 2024 Results Conference Call

Data Storage Corp

IZEA

You know the feeling — scouring the internet, reading analyst reports and listening to talking heads on financial TV, all in the hopes of finding that elusive “10-bagger” stock pick that could turn your modest investment into a life-changing windfall. But let's be honest, by the time a hot stock is making headlines and being touted by the experts, the easy money has likely already been made.

3 Stocks You Haven't Heard of That Can Make You Filthy Rich

NVIDIA

The radio frequency company offers information on weather and climate, ship and aircraft movements, and has a space services business.

Spire Global bets on AI to help improve weather forecasts, with boost from Nvidia

Boeing

Government contracts and regulations highly influence space stocks. Yet high-growth initiatives continue to emerge.

The 3 Best Space Stocks to Buy in April 2024

Nikola

While blue-chip stocks play an essential role in a well-balanced portfolio, investors should always leave room for high-growth stocks to add to gains during bull market cycles. Those who invest in a range of penny stocks with outsized growth potential may see mixed results.

3 High-Growth Penny Stocks to Load Up On Before It's Too Late

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, announced an agreement with HANCOM InSpace (“Hancom”), initially a spin-off by Korea Aerospace Research Institute and now a part of HANCOM Group, for Sejong-2 and Sejong-3 two additional satellites with Spire Space Services. Under this agreement, Spire will build and operate the satellites, expanding the capabilities of HANCOM-1 (.

Spire Global Announces Space Services Deal to Scale Constellation for HANCOM InSpace

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced that it has closed its previously announced registered direct offering of 2,142,858 shares of Class A common stock at a purchase price of $14.00 per share, resulting in gross proceeds of approximately $30 million, before deducting placement agent commissions and other offering expenses. In addition, the Company has issued.

Spire Global Announces Closing of $30 Million Registered Direct Offering

Spire Global, Inc. has experienced a significant increase in its stock price, similar to other AI companies, and is currently at a discount after a recent financing announcement. The financing round will raise approximately $30 million immediately and includes warrants that expire in July 2024, suggesting confidence in the company's future performance. If the company uses the majority of the funds to pay down debt, it will have a positive impact on its financials and improve its balance sheet.

Spire Global: Strong Buy Once The Financing Closes

The mean of analysts' price targets for Spire (SPIR) points to a 26.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think Spire (SPIR) Could Surge 26.25%: Read This Before Placing a Bet

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced that it has entered into securities purchase agreements with two institutional investors for the purchase and sale of 2,142,858 shares of Class A common stock at a purchase price of $14.00 per share pursuant to a registered direct offering, resulting in gross proceeds of approximately $30 million, before deducting.

Spire Global Announces Registered Direct Offering of $30 Million

Spire Global NYSE: SPIR emerged as an AI winner during Nvidia Corporation's NASDAQ: NVDA GTC developer conference. The conference was a name-dropping event as much as anything, with Nvidia CEO Jenson Huang mentioning numerous critical players in AI.

Spire Global Stock Price Surges: AI to Drive Growth

Spire (SPIR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Spire Global, Inc. (SPIR) Hit a 52 Week High, Can the Run Continue?

Spire Global (NYSE: SPIR ) is truly an intriguing company to look at. This subscription-focused data provider uses data from satellites and aircraft to provide predictive modeling and analytics for ship monitoring and predictive weather analytics, among other key functions.

SPIR Stock Alert: Nvidia Just Gave Spire Global a Huge Boost

Spire Global shares soared almost 25% in Tuesday's early trading after the space data and analytics company unveiled a new partnership with Nvidia Corp. Announced on Monday, the collaboration will see the pair work to advance artificial intelligence-driven weather prediction.

Spire Global jumps on Nvidia AI weather forecasting collaboration

Russell 2000 component, space data company Spire Global spikes on Nvidia partnership for AI weather forecasts.

Spire Global Spikes On Nvidia Partnership For AI-Driven Weather Forecasts

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has announced a collaboration with NVIDIA to advance AI-driven weather prediction. Through this collaboration, Spire's Radio Occultation (RO) data and proprietary data assimilation (DA) capabilities will be integrated with NVIDIA Earth-2 Cloud APIs to leverage AI to accelerate climate and weather predictions. The field of weather predicti.

Spire Global to Enhance AI-Driven Weather Prediction in Collaboration with NVIDIA

Century Casinos

Hive Blockchain Technologies Ltd

Iris Energy Ltd

SurgePays

TETRA Technologies

If you have a high risk tolerance and are seeking supersized returns in the stock market, penny stocks should be at the top of your watchlist. While the bad reputation penny stocks have is often justified, by avoiding biotech and cash-burning companies, you can find some real gems trading at bargain valuations.

7 Penny Stocks That Can Make You a Millionaire in One Year

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced its participation in the following upcoming event. Event: 36th Annual Roth Conference Date: March 18, 2024 Presentation Time: 4:00 p.m. ET Presenter: Leo Basola, Chief Financial Officer, Spire Global Webcast link: https://wsw.com/webcast/roth48/spir/1856270 About Spire Global, Inc. Spire (NYSE: SPIR) is a global provider o.

Spire Global Announces Participation in 36th Annual Roth Conference

Spire Global, Inc. (NYSE:SPIR ) Q4 2023 Earnings Conference Call March 6, 2024 5:00 PM ET Company Participants Ben Hackman - Head, IR Peter Platzer - CEO Leo Basola - CFO Conference Call Participants Austin Moeller - Canaccord Genuity Rick Prentiss - Raymond James Jeffrey Meuler - Baird Erik Rasmussen - Stifel Suji Desilva - ROTH MKM Operator Hello, and welcome to the Spire Global Fourth Quarter and Full Year 2023 Conference Call and Webcast. [Operator Instructions] A question-and-answer session will follow the formal presentation.

News for Spire Global Stock (SPIR)