Spire Global Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St

March 05, 2025

Spire Global (NYSE:SPIR) Third Quarter 2024 Results

Key Financial Results

Revenue: US$28.6m (up 29% from 3Q 2023).
Net loss: US$12.5m (loss narrowed by 47% from 3Q 2023).
US$0.50 loss per share (improved from US$1.12 loss in 3Q 2023).

earnings-and-revenue-growth — NYSE:SPIR Earnings and Revenue Growth March 5th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Spire Global EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 8.7%. Earnings per share (EPS) exceeded analyst estimates by 1.6%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Professional Services industry in the US.

Performance of the American Professional Services industry.

The company's shares are down 5.5% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Spire Global (including 1 which is a bit concerning).

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.