Palantir's earnings topped third-quarter results and the company issued strong guidance, attributing much of its rapid growth to artificial intelligence.
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Palantir
reported quarterly results that topped analysts’ estimates and issued better-than-expected guidance for the fourth quarter, attributing much of its strength to artificial intelligence. The stock rose about 3% in extended trading.
Here’s how the company did compared to LSEG estimates
Earnings per share: 21 cents vs. 17 cents expected
Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial…
The rise comes on the back of months of decline for the stock.
Palantir surpassed Wall Street's estimates and lifted its full-year outlook
Palantir shares popped more than 8% after the software analytics provider lifted its full-year outlook, benefitting from ongoing…
Palantir reported better-than-expected revenue and profit, driven by growth in sales to U.S. government agencies.
The data analytics and defence software firm projected revenue in the range of US$4.14 billion to US$4.15 billion for 2025.
