Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools.
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Palantir
topped Wall Street’s fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools.
Shares rose about 7%.
Here’s how the company did versus LSEG estimates:
Palantir's earnings topped third-quarter results and the company issued strong guidance, attributing much of its rapid growth to…
The rise comes on the back of months of decline for the stock.
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.
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…
