•
Sep 30, 2024
Spire Q3 2024 Earnings Report
Expected Revenue:$31.3M
+18.2% YoY
Expected EPS:-$0.19
+69.4% YoY
Key Takeaways
Spire Global announced positive Q3 2024 results, including a 29% year-over-year increase in revenue to $28.6 million, positive cash flow from operations of $14.0 million, and positive free cash flow of $5.1 million. The company was also awarded $40.0 million in annual contract value, marking a quarterly record.
Revenue reached $28.6 million, a 29% increase year-over-year.
Cash flow from operations was positive $14.0 million.
Free cash flow was positive $5.1 million.
Awarded $40.0 million of annual contract value, the largest quarterly value to date.
Spire
Spire
Forward Guidance
Spire expects to issue full financial results for the fourth quarter and full year 2024 later this month.