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Spire Global reports Q1 EPS (77c), consensus (67c)

Reports Q1 revenue $23.88M, consensus $22.68M. “Backed by a strong space heritage and renewed focus on execution, we are poised to seize opportunities driven by rising defense budgets and the growing demand for actionable insights into extreme weather,” said Theresa Condor, Spire CEO. “With a global base of customers, expanding capabilities to build satellites in the U.S., Canada, the U.K., and Germany, and a significantly strengthened balance sheet following our debt elimination in April, we are well equipped to be a long-term, reliable partner and strategically positioned to offer local solutions for sovereign space capabilities.”

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