• The significant jump in diluted earnings per share (EPS) by 100% to $0.06 is a notable highlight, indicating improved profitability for Palantir. This strong EPS growth reflects the company's efficient cost management and operational effectiveness, which could contribute to bolstering investor sentiment.
Palantir beats on revenue and EPS, raises FY Guidance, Shares +14%
Palantir beats on revenue and EPS, raises FY Guidance, Shares +14%
Palantir Technologies raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative AI technology.
Palantir Technologies Inc. announced on Monday its revenue in the third quarter of the fiscal year 2024 saw an annual increase of 30% to reach $726 million, beating estimates. The company's net income grew by 20% compared to the same period in 2023 to hit $143.5 million. Meanwhile, its diluted earnings per share (EPS) soared 100% to land at $0.06.
The data analytics company has benefited from a boom in GenAI technology, as more companies turn to its AI platform, which is used to test, debug code and evaluate AI-related scenarios.
Ankur Tiwari : The significant jump in diluted earnings per share (EPS) by 100% to $0.06 is a notable highlight, indicating improved profitability for Palantir. This strong EPS growth reflects the company's efficient cost management and operational effectiveness, which could contribute to bolstering investor sentiment.
101823892_antony : good bye
Coach Donnie OP 101823892_antony : Cool
Coach Donnie OP : $Palantir (PLTR.US)$
Coach Donnie OP : $Palantir (PLTR.US)$
Coach Donnie OP : Wendy's Uses Palantir AI Tech To Manage Burger, French Fry Inventories; Return On Investment Is 'Significant' - Wendy's (NASDAQ:WEN) - Benzinga
Coach Donnie OP : PLTR was just awarded a Billion dollar deal with the navy effective January 2025. You may or may not find this on Google. I’m long on this stock. Do your Own Due Diligence
https://sam.gov/opp/462a1d9ed13244e2a7089b4308216aa7/view
Coach Donnie OP : Principal Financial Group Inc. Grows Position in Palantir Technologies Inc. (NYSE:PLTR)
Coach Donnie OP : Palantir Technologies Thrives With Robust Growth Predictions
Coach Donnie OP : Palantir Stock vs. Nvidia Stock: Billionaire Ken Griffin Buys One and Sells the Other | The Motley Fool
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