AI software giant $Palantir (PLTR.US)$ will be on November 5thsoared 23%And it set a new all-time high since its listing.
The earnings report for the July-September period announced after the previous day's closea record high profit.the guidance for the October-December periodalso exceeded market expectations, and the companysaw a surge in buying interest. Alex Carp, the CEO of the company,revised upward the full-year revenue outlookand expressed the following in a letter to investors.
「The world is now in the midst of a USA-led AI revolution, with industries and economies being rebuilt. We are at the center of it.」
Earnings Highlights
Performance for July-September quarter: Beats financial estimates
◇Adjusted Operating Profit: A 69% increase from the same period last year to 0.2755 billion dollars, market expectation is 0.2361 billion dollars
◇Net profit: Expanded to a record high of $0.144 billion, double the same period last year.
◇Adjusted EPS(Earnings per share): $0.1, market estimate is $0.09
◇Revenue0.7 billion25.5 million dollars, a 30% increase from the previous year, market expectations of 0.7 billion3.7 million dollars.
MainlyUSA business(44% revenue increase) is driving business expansion.
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