Spire Global Reports Preliminary Q2 Revenue, Reaffirms 2025 Outlook
MT Newswires Live
Aug 14
Spire Global (SPIR) said late Wednesday the preliminary estimate of its Q2 2025 revenue in the range of $18.0 million to $19.0 million, in line with prior guidance, and ended the quarter with $117.6 million in cash, equivalents, and marketable securities.
Analysts surveyed by FactSet expected $18.8 million.
The company reaffirmed its full-year revenue target of $85.0 million to $95.0 million and forecast Q3 revenue of $19.5 million to $21.5 million.
Analysts surveyed by FactSet expected $21.9 million for Q3, and $89.9 million for 2025.
Spire also reiterated its expectation to close 2025 with more than $100 million in liquidity.
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