BUZZ-Palantir gains after raising 2024 revenue forecast again

Reuters11-05

** Shares of data analytics firm Palantir Technologies

rise 10.5% to $45.80 in extended trading

** PLTR raises its annual revenue forecast again

** Co now expects 2024 revenue in a range of $2.805 bln to $2.809 bln, up from its prior expectations of between $2.742 bln and $2.750 bln

** PLTR also raises its annual forecast for adjusted income from operations to between about $1.05 bln and $1.06 bln, compared with its earlier forecast of $966 mln to $974 mln

** Co reports a 40% rise in U.S. government revenue in Q3

** Up to last close, stock had more than doubled YTD

(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; ))

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