Palantir surpassed Wall Street's estimates and lifted its full-year outlook
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Palantir
topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance.
Shares rallied more than 5%.
Here’s how the company did versus LSEG estimates:
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Palantir reported better-than-expected revenue and profit, driven by growth in sales to U.S. government agencies.
The rise comes on the back of months of decline for the stock.
Palantir's earnings topped third-quarter results and the company issued strong guidance, attributing much of its rapid growth to…
Since going public in 2020, the artificial intelligence software company has swung swiftly to a profit and sales are booming.
The data analytics and defence software firm projected revenue in the range of US$4.14 billion to US$4.15 billion for 2025.
Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial…
