Sees Q4 revenue $14.8M-$16.8M. Sees Q4 adjusted EBITDA loss $15.5M-$16.4M. The company said, “Spire is providing the following guidance for the fourth quarter 2025 and full year ending December 31, 2025, which takes into account delays from the U.S. government shutdown and revenue recognition timing for specific efforts that remain fully contracted and are expected to be recognized as revenue in 2026 as Spire executes and delivers against program milestones.”
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