Spire Global Inc reports results for the quarter ended March 31 - Earnings Summary

Spire Global

15/05/2025 11:30

Spire Global Inc SPIR.N reported a quarterly adjusted loss of 63 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -53 cents.  The mean expectation of seven analysts for the quarter was for a loss of 67 cents per share. Wall Street expected results to range from -68 cents to -65 cents per share.

Revenue fell 7.1% to $23.88 million from a year ago; analysts expected $22.70 million.

Spire Global Inc's reported EPS for the quarter was a loss of 77 cents​.

The company reported a quarterly loss of $20.66 million.

Spire Global Inc shares had risen by 28.7% this quarter and lost 26.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 106.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

Wall Street's median 12-month price target for Spire Global Inc is $16.00

This summary was machine generated from LSEG data May 15 at 10:30 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
Mar. 31 2025
-0.67
-0.63
Beat
Dec. 31 2024
-0.68
-0.83
Missed
Sep. 30 2024
-0.19
-0.43
Missed
Jun. 30 2024
-0.26
-0.45
Missed