More importantly:SPIR results. Missed EPS by a penny, missed sales by about a $1m. I need to parse through their overall sales and retention numbers. Sales overall were 49% increase over the same period last year. I honestly dont care about "estimates", I care about the actual numbers.
View attachment 462217
Spire Global Announces Fourth Quarter and Full Year 2022 Results
Spire Global reported a record quarterly revenue of $22.4M, reflecting a 49% year-over-year increase. During Q4 2022, net cash used in operating activities improved by 72% year-over-year to $5.1M. The company's annual recurring revenue (ARR) reached $99.4M, up 41% year-over-year, with an ARR net...www.stocktitan.net
View attachment 462219
Yep.More importantly:
- Guides Q1 -$0.12 to -$0.11 v -$0.10e, Rev $21.7-23.7M v $25.0Me
- Guides initial FY23 -$0.36 to -$0.33 v -$0.44e, Rev $104-109M v $114Me
Lower guides get crushed in this market.
This was rumored weeks ago.SI (Silvergate) implosion.
16:30 [SI] Announces intent to wind down operations and voluntarily liquidate Silvergate Bank
In light of recent industry and regulatory developments, Silvergate believes that an orderly wind down of Bank operations and a voluntary liquidation of the Bank is the best path forward. The Bank’s wind down and liquidation plan includes full repayment of all deposits. The Company is also considering how best to resolve claims and preserve the residual value of its assets, including its proprietary technology and tax assets.In connection with the above: Centerview Partners LLC is acting as financial advisor, Cravath, Swaine & Moore LLP is acting as legal advisor and Strategic Risk Associates is providing transition project management assistance. - Source TradeTheNews.com
Dropped an order in to buy a starter position of CVS at $80.50
This price gives it a 3% dividend yield and it has some support between $79.50 and $80.50
Filled.
We need a boomer reaction too.