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Palantir Non-GAAP EPS of $0.01 Misses By $0.01, Revenue of $477.8M Beats By $2.84M

Seeking Alpha2022-11-07

  • Palantir Technologies Q3 Non-GAAP EPS of $0.01misses by $0.01.
  • Revenue of $477.8M (+21.9% Y/Y)beats by $2.84M.
  • US revenue grew 31% Y/Y to $297M; US commercial revenue grew 53% Y/Y; US government revenue grew 23% Y/Y.
  • Total contract value closed of $1.3B, including US TCV closed of $1.1B.
  • Customer count grew 66% Y/Y and 11% Q/Q.
  • US commercial customer count increased 124% Y/Y from 59 customers in Q3 2021 to 132 customers in Q3 2022
  • For Q4. the company expect revenue of between $503M - $505M vs. consensus of $506.51M and adjusted income from operations of $78M - $80M.
  • For FY2022, the company reaffirms revenue of between $1.9B - $1.902B vs. consensus of $1.90B and adjusted income from operations outlook raised from prior $341M - $343M to $384M to $386M.

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Comment11

  • CYKuan
    ·2022-11-07
    $Palantir Technologies Inc.(PLTR)$太多不懂事的投資者[Sly] 都是好事
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  • Kennytth
    ·2022-11-07
    Really the market is still spook[Sad] 
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  • iDunn0
    ·2022-11-07
    Lame la plrr
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  • mars_venus
    ·2022-11-07
    [强] ‌‌[美金] ‌‌[美金] ‌‌[美金] 
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  • MrTig3r
    ·2022-11-07
    power
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  • Wohaha
    ·2022-11-07
    Fairly good result. Turnaround. 
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  • Nanamoney
    ·2022-11-07
    Nonsense !! Be it good or Bad, share price still drop. 
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    • MrTig3r
      power
      2022-11-07
      Reply
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  • JC888
    ·2022-11-07
    Will this be the "break" that PLTR need to diffused the bad luck charm that's been hanging around for far too long. Honestly business is business no? Why should there be connotation that becos PLTR handles government project/contract, they are "no" good? Now that inflation and possibly recession are on the card, does Wall Street want to see PLTR earning the keeps despite it being government contracts OR would they rather PLTR misses their unrealistic targets altogether. Really!!! 
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    • SG20748
      k
      2022-11-08
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    • BillyWilliams
      It's not surprised they dropped so much. People warned before. We cannnot believe in SAAS at all.
      2022-11-07
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    • JohnMitchell
      pltr is doing so badly....sad for them
      2022-11-07
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    View more 2 comments
  • Heng08
    ·2022-11-07
    Good 
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  • liketissue
    ·2022-11-07
    Wohoo pltr!
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  • Zach1220
    ·2022-11-07
    Great
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