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Palantir Q2 revenue beats, guidance attracting post market buying
$Palantir (PLTR.US)$ shares advanced 17% in extended trading after the tech company provided full year revenue outlook and revenue second qu Show More
$Palantir (PLTR.US)$ shares advanced 17% in extended trading after the tech company provided full year revenue outlook and revenue second quarter that beat analysts' estimates.

The company expects revenue for 2024 to reach $2.74 billion to $2.75 billion. That's higher than $2.698 billion expected by analysts, according to estimates compiled by Capital IQ.

The company reported an 80% jump in adjusted earnings to 9 cents a share a year ago, as revenue gained 27% to $678 million. That exceeds the average earnings per share of 3 cents expected by analysts on revenue of $652.4 million.

Discussion: Why is PLTR climbing while the market falls?  
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