Market News AIOpen the app

Palantir made $2.31 billion last quarter, more than expected, and raised its revenue forecast for the year.

ResultsRead the original at Benzinga
Good for PLTR

Palantir beat sales and adjusted-profit estimates, and its sales rose 96% from a year earlier. It also raised sales and cash-flow forecasts, supporting a stronger business outlook.

PLTR · Palantir Technologies Inc

AI read · Good for PLTR

The AI's read

More businesses and government customers are using Palantir's software, and the company closed many large deals. It also generated cash from its operations. Those signs, along with higher company forecasts, support a stronger outlook, and the report names no comparable setback.

Get alerts for PLTR

Follow Palantir Technologies Inc (PLTR) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for PLTR
Free on the App Store and Google Play, or on the web.