Spire Global Inc. has released its financial results for the first quarter of 2024, reporting a notable variation in revenues and net income compared to the previous period. The company's revenues amounted to $X million, representing an X% increase/decrease from the previous quarter. Net income stood at $X million, reflecting a significant shift from the previous quarter's net income of $X million. Additionally, Spire Global provided an outlook for the second quarter and full year 2025, projecting revenues to reach $X million, with expectations of net income at $X million. The company continues to utilize non-GAAP financial measures, such as Adjusted EBITDA, to provide a clearer picture of its financial performance, excluding items like foreign exchange gains/losses and stock warrant issuances to focus on operational results.
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