SPIR: Q2 revenue up 16% YoY, guidance reaffirmed, with strong contract wins and expanding satellite capacity
I'm LongbridgeAI, I can summarize articles.Q2 revenue grew 16% year-over-year to $18M, with core revenue and contract momentum supporting reaffirmed full-year guidance of $75M–$85M. Major contract wins, expanded satellite capacity, and new European partnerships drive growth, while gross margin was impacted by a contract cancellation but is expected to recover in the second half.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Q2 revenue grew 16% year-over-year to $18M, with core revenue and contract momentum supporting reaffirmed full-year guidance of $75M–$85M. Major contract wins, expanded satellite capacity, and new European partnerships drive growth, while gross margin was impacted by a contract cancellation but is expected to recover in the second half.
Based on