Palantir (PLTR) Earnings Report Sparks Debate: Bullish Commercial Growth vs Bearish Concerns
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- Palantir Technologies (PLTR) recently reported its first-quarter earnings, meeting expectations and exceeding revenue predictions.
- The company’s revenue guidance for Palantir stock was slightly above Wall Street’s forecasts.
- “Palantir’s Q1 top-line results came ahead of expectations,” said Morgan Stanley analyst Keith Weiss.
Palantir Technologies reports Q1 earnings and revenue that surpass expectations, with a particularly strong performance in the U.S. market.
Palantir’s Q1 Earnings
Palantir’s earnings for the quarter ending March 31, using generally accepted accounting principles (GAAP), were 8 cents a share, marking a 60% increase from the previous year. The software maker’s revenue rose by 21% to $634 million. Analysts had predicted earnings of 8 cents a share on revenue of $615 million.