A good news to $Palantir Technologies Inc.(PLTR)$fans & investors . [Grin]
$Palantir Technologies Inc.(PLTR)$has win 🏆 a contract modification from the U.S. Space Systems Command (SSC).
The U.S. SSC Battle Management Command, Control, and Communications (BMC3) provided $Palantir Technologies Inc.(PLTR)$a $53.89M boost to its 2021 award of $121.50M, bringing the total value of the contract to $175.39M. [Grin] [Like]
This contract modification will enable the continuous delivery of Palantir's data and decisions platform to support national security objectives until March 2023. [Thinking]
Last month, the company delivered mixed Q1 results, generating adjusted EPS of $0.02 on revenue of $446M. Commercial revenue grew 54% Y/Y, while government revenue grew 16% Y/Y. [Eye]
Share price up about 10% to 9.30+USD. Not bad , climbing back to the IPO price .
Let's hope that for year 2022 will finally show some profits 📈...
If they still can't make profits 📈 with good news like this, their management really got some very serious problems [Thinking] +[Helpless] .
DYODD before investing [OK]
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They better show good security results [Smart].