$Palantir Technologies Inc.(PLTR)$...[Speechless] & just after I make a post about it yesterday...
The stock price crushed after missing WS estimate again...[Speechless] .
Also, this time ⏲ round, it missed mine too...[Speechless]
I was expecting that this 1Q22, they may finally bring in the profits...[Speechless] , but it super disappointing... = still remains a non-profitable 📈 company [Facepalm] .
It does show some improvements... but at such a super slow 🐌 pace...[Speechless]
& those jerks should stop increasing the capital of common shares if they are not bringing in profits at all [Anger] ...
1Q22 revenue increase by about 30.8%, to 446.357M...
1Q22 Net loss 📉 = -101.379M compared to 1Q21= -123.474M
Diluted EPS= -0.05 (1Q21= -0.07)
Weighted average shares = 2036.307M from 1821.158M previous quarter
All in one, it shows not much improvements to me... even got, it's quite slow 🐌...
The only good thing is that the commercial revenue grew 54% year over year.
US commercial grew 136% year over year.
Government revenue grew 16% year over year.
Customer count grew 86% year over year.
But...[Speechless] after all that, how come still make losses [Facepalm] ?
My point of it as a potential company remains. But, I think their management is not up to the level if they are still making losses this quarter...[Speechless]
Now, the stock price of $Palantir Technologies Inc.(PLTR)$is even lower than their IPO...[Speechless] (kinda never expected that [Sly] )
Closed at 7.46USD 9/5/2022 EST.
DYODD before investing [OK]
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