CEO Alex Karp letter
Alex Karp just sent out a letter to Palantir $PLTR shareholders ... here's the full letter
I.
This is still only the beginning.
The growth of our business is accelerating, and our financial performance is exceeding expectations as we meet an unwavering demand for the most advanced artificial intelligence technologies from our U.S. government and commercial customers.
The world is in the midst of a U.S.-driven AI revolution that is reshaping industries and economies, and we are at the center of it.
Our revenue last quarter reached a record $726 million, representing a 30% increase from the same period last year as we continue rapidly scaling our business.
The year-over-year growth rate of our revenue has increased over the past six quarters, rising from 13% in Q2 2023 to 30% in Q3 2024. This is an ascent that we always believed was possible and have worked tremendously hard to achieve.
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