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PALANTIR AND ANNOUNCEMENT OF TODAY'S RESULTS

Palantir' s$PLTR+2.6%is expected to be between $599 million and $603 million, with an estimated adjusted operating profit between $184 million and $188 million .

Analysts estimate revenue of $603 million, operating income of $187 million and adjusted earnings of 8 cents per share. The company is seeing an increase in demand from commercial customers and is reporting higher growth in that sector than in government contracts.

Palantir $PLTR+2.6% exceeded expectations in the third quarter, with a 23% increase in commercial revenue to $251 million. CEO Alex Karp expects the U.S. commercial business to reach $1 billion in sales by the first quarter of 2025.

For the record, the company's stock is up a cool 84% over the past 12 months, how do you see this company and what do you think about its future?

PLTR

Palantir

PLTR
$25.05 $0.63 +2.58%
1 Day
+0.03%
5 Days
-5.49%
1 Month
+36.12%
6 Months
+54.18%
YTD
+42.28%
1 Year
+188.74%
5 Years
+148.32%
Max.
+148.32%

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