Palantir shares pop 10% after company posts strong earnings and outlook
- Palantir Technologies reported a strong Q4 2024, exceeding analyst expectations with an adjusted EPS of $0.14, surpassing the $0.11 estimate.
- Revenue for Q4 reached $828 million, exceeding predictions by $53 million, with U.S. Operations contributing $558 million, a 52% year-over-year increase.
- The company closed 129 deals worth at least $1 million each, showcasing its ability to secure high-value contracts.
- Palantir's management predicts optimistic revenue guidance for Q1 2025, estimating between $858 million and $862 million, reflecting confidence in its growth strategy.
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28 Articles
28 Articles
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Coverage Details
Total News Sources28
Leaning Left4Leaning Right1Center7Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 33%
C 58%
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