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Spire Global Analysts Cut Their Forecasts Following Q1 Results

Spire Global, Inc. (NYSE:SPIR) reported mixed first-quarter financial results on Wednesday. Spire Global posted adjusted loss of 53 cents per share, compared to market expectations for a loss of 68 cents per share. The company's quarterly sales came in at $25.688 million missing estimates of $27.959 million, according to data from Benzinga Pro. “For over a decade, Spire’s trajectory has been shaped by two enduring global megatrends: global security and the escalating impacts of climate change,” ...