Recap: Spire Global Q1 Earnings

Spire Global (NYSE:SPIR) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM. Here’s what…

Spire Global (NYSE:SPIR) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Spire Global beat estimated earnings by 16.67%, reporting an EPS of $-0.1 versus an estimate of $-0.12.

Revenue was up $6.10 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 11.25% drop in the share price the next day.

Here’s a look at Spire Global’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.09 -0.10 -0.12 -0.13
EPS Actual -0.10 -0.12 -0.09 -0.12
Revenue Estimate 23.36M 19.89M 19.12M 16.98M
Revenue Actual 22.39M 20.42M 19.39M 18.07M

To track all earnings releases for Spire Global visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Earnings Outlook For Vector Group

Vector Group (NYSE:VGR) is set to give its latest quarterly earnings report on Friday, 2022-08-05. Here's what investors need to know before the announcement. Analysts estimate that Vector Group will report an earnings per share (EPS) of $0.35.

VGR