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Dec 31, 2023
Spire Q4 2023 Earnings Report
Spire Global's Q4 2023 results showcased record revenue and positive cash flow from operations.
Key Takeaways
Spire Global announced strong Q4 and full year 2023 results, achieving positive cash flow from operations and adjusted EBITDA. The company reported record revenue for the tenth consecutive quarter, with Q4 revenue reaching $27.7 million.
Achieved tenth consecutive quarter of record revenue with $27.7 million in Q4.
Improved GAAP operating loss to ($8.2M), a 50% year-over-year improvement.
Net loss improved to ($12.2M), a 30% year-over-year improvement, with positive adjusted EBITDA of $2.1M.
Achieved positive cash flow from operations of $4.1M and free cash flow of ($2.2M).
Forward Guidance
Spire is providing revenue guidance for the first quarter 2024 between $27.0 million and $29.0 million and for the full year ending December 31, 2024 between $138.0 million and $148.0 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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