Spire Global Q2 Adj EPS $(0.07) Beats $(0.10) Estimate, Sales $26.49M Beat $24.36M Estimate
Portfolio Pulse from vinayak@benzinga.com
Spire Global (NYSE:SPIR) reported Q2 adjusted EPS of $(0.07), beating the estimate of $(0.10) by 30%. This is a 22.22% increase over losses from the same period last year. The company also reported quarterly sales of $26.49M, beating the estimate of $24.36M by 8.76%, a 36.60% increase over sales from the same period last year.
August 09, 2023 | 8:34 pm
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Spire Global's Q2 results exceeded expectations with a 22.22% YoY increase in EPS and a 36.60% YoY increase in sales.
Spire Global's Q2 results beat estimates, which is generally seen as a positive sign by investors. The YoY increase in both EPS and sales indicates that the company is growing and performing well, which could lead to a positive impact on the stock price in the short term.
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RELEVANCE 100