Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Spire Global (DE:EL9)
FRANKFURT:EL9
Holding DE:EL9?
Track your performance easily
Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-€0.36Last Year’s EPS
-€0.34Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 43.15%
|Next Earnings Date:Mar 05, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Spire's advancements in AI and machine learning, along with a strong outlook for Q2 and beyond. However, significant challenges in Q1, including revenue shortfalls and operational issues, indicate a mixed performance.Company Guidance
During the Spire Global Q1 2024 earnings call, executives provided guidance on the company’s financial performance and future expectations. The company reported GAAP revenue of $25.7 million, a 6% year-over-year growth, but below expectations due to factors like increased solar activity affecting satellite data production and delays in U.S. government orders. Despite these challenges, Spire reached the midpoint of its adjusted EBITDA guidance, reflecting an 84% improvement year-over-year. For Q2, the company anticipates revenue between $29 million and $33 million and expects adjusted EBITDA to be positive, ranging from $2 million to $5 million. The full-year revenue is projected to grow by 20% at the midpoint, between $122 million and $132 million. Spire also highlighted its strong ARR of over $120 million with a net retention rate of 102% and a robust remaining performance obligation of approximately $196 million. The executives affirmed their commitment to achieving profitability, with expectations of positive free cash flow by the summer and a continued focus on leveraging AI and machine learning to enhance their offerings.Continued Positive Adjusted EBITDA
Spire achieved continued positive adjusted EBITDA in Q2 2024 and is on track for positive free cash flow in the summer.
AI and Machine Learning Advancements
Spire is integrating AI and machine learning in its operations, leading to faster and more accurate weather predictions and a multimillion-dollar contract with a financial firm.
Robust Remaining Performance Obligations
Spire reported approximately $196 million in remaining performance obligations, with over 40% expected to be recognized in the next 12 months.
Strong Revenue Rebound Expected in Q2
Spire expects Q2 revenue to reach a record amount between $29 million and $33 million, indicating a strong recovery.
---
DE:EL9 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
DE:EL9 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | €9.85 | €9.95 | +1.02% |
| Aug 14, 2024 | €10.00 | €7.50 | -25.00% |
| May 15, 2024 | €11.10 | €8.00 | -27.93% |
| Mar 06, 2024 | €10.90 | €11.30 | +3.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Spire Global (DE:EL9) report earnings?
Spire Global (DE:EL9) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is Spire Global (DE:EL9) earnings time?
Spire Global (DE:EL9) earnings time is at Mar 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Spire Global stock?
The P/E ratio of Spire Global is N/A.
What is DE:EL9 EPS forecast?
DE:EL9 EPS forecast for the fiscal quarter 2024 (Q4) is -€0.36.
---