Business
Spire Global Announces Third Quarter 2024 Results and Completion of Restatement
Third quarter 2024 revenue reached $28.6 million, reflecting 29% year-over-year growth Ac...
About this update from Spirit Blockchain Capital, Inc.
[{"type":"text","content":"Spire Global Announces Third Quarter 2024 Results and Completion of Restatement\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwdoublebottom { border-bottom: double black 2.25pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadb4 { padding-bottom: 5px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl12 { padding-left: 60px }\n.bwpadl13 { padding-left: 65px }\n.bwpadl3 { padding-left: 15px }\n.bwpadl6 { padding-left: 30px }\n.bwpadl7 { padding-left: 35px }\n.bwpadl9 { padding-left: 45px }\n.bwpadr0 { padding-right: 0px }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignm { vertical-align: middle }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth15 { width: 15% }\n.bwwidth48 { width: 48% }\n.bwwidth68 { width: 68% }\n.bwwidth74 { width: 74% }\n \n\n\n\n\n\n Third quarter 2024 revenue reached $28.6 million, reflecting 29% year-over-year growth\n \n\n\n\n Achieved positive cash flow from operations of $14.0 million and positive free cash flow\n \n 1\n \n of $5.1 million in third quarter 2024\n \n\n\n\n Awarded $40.0 million of annual contract value in third quarter 2024, reflecting the largest value of bookings the Company has received in a quarter\n \n\n\n\n\n\n\n Spire Global, Inc.\n \n (NYSE: SPIR) (“Spire” or “the Company”), a leading provider of space-based data, analytics and space services, announced results for its quarter ended September 30, 2024, and the filing of its restated financial statements for prior periods. The Company will hold a\n \n webcast\n \n at 8:30 a.m. ET tomorrow to discuss the results.\n \n\n \"Today marks an inflection point in our journey as a company. We have filed restated financial statements, completing the review of our accounting practices as previously disclosed, and have filed our second and third quarter 2024 Form 10-Qs,\" said Theresa Condor, Spire ...