Spire Global, Inc. reports results for the quarter ended June 30 - Earnings Summary
Spire Global, Inc. reports results for the quarter ended June 30 - Earnings Summary
Spire Global, Inc. SPIR.N reported a quarterly adjusted loss of 52 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -48 cents. The mean expectation of five analysts for the quarter was for a loss of 39 cents per share. Wall Street expected results to range from -44 cents to -35 cents per share.
Revenue fell 5.9% to $18.05 million from a year ago; analysts expected $18.14 million.
Spire Global, Inc.'s reported EPS for the quarter was a loss of 52 cents.
The company reported a quarterly loss of $19.97 million.
Spire Global, Inc. shares had fallen by 20.3% this quarter and gained 97.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the wireless telecommunications services peer group is also "buy"
Wall Street's median 12-month price target for Spire Global, Inc. is $22.25, about 33.8% above its last closing price of $14.74
This summary was machine generated from LSEG data August 13 at 12:20 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.39 | -0.52 | Missed |
Mar. 31 2026 | -0.63 | -0.78 | Missed |
Dec. 31 2025 | -0.63 | -0.76 | Missed |
Sep. 30 2025 | -0.31 | -0.40 | Missed |
Recent news on Spire Global
See all newsBrief: Spire Global Launches First Three Satellites Built At U.S. Manufacturing Facility
Brief: Spire Global Awarded $33.2 Million Noaa Contract For Satellite Weather Data To Enhance Weather Forecasting
Brief: Spire Global Awarded $28 Million Noaa Contract To Advance Hyperspectral Microwave Sounding Technology
Brief: Spire Global Eumetsat Awards Spire Global €4 Million One-Year Contract Renewal And Expansion
Spire Global, Inc. reports results for the quarter ended June 30 - Earnings Summary