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.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPIR:
- Spire Global options imply 12.3% move in share price post-earnings
- Largest borrow rate increases among liquid names
- Spire Global announces expanded Space Services agreement with Myriota
- Spire Global price target lowered to $17 from $24 at Alliance Global Partners
- Spire Global’s Strategic Moves and Financial Strengthening Lead to Buy Rating with $16 Price Target
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue