The latest announcement is out from Spire Global ( (SPIR) ).
On March 3, 2025, Spire Global announced its third quarter 2024 financial results, highlighting a 29% year-over-year revenue growth to $28.6 million and achieving positive cash flow from operations. The company also completed the restatement of its financial statements, marking a significant milestone in its operational journey. Spire was awarded significant contracts from NASA and NOAA, and successfully launched seven satellites, enhancing its capabilities in weather forecasting and climate research. These developments position Spire for future growth and improved profitability, reflecting its focus on operational efficiency and reliable execution.
More about Spire Global
Spire Global, Inc. is a leading provider of space-based data, analytics, and space services. The company focuses on delivering comprehensive Earth observation data and analytics to enhance global weather forecasting, atmospheric profiling, and climate research. Spire operates in the space services industry and collaborates with organizations like NASA and NOAA to provide valuable data for various applications.
YTD Price Performance: -21.26%
Average Trading Volume: 560,800
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $294.7M
For detailed information about SPIR stock, go to TipRanks’ Stock Analysis page.