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NareshwG
2022-05-09

Maybe it's temporary

Palantir Stock Sinks 11.6% Premarket After Q1 Results

Palantir Stock Sinks 11.6% Premarket After Q1 Results. Palantir Technologies posted soft first-quart

Palantir Stock Sinks 11.6% Premarket After Q1 Results

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Davidgoh18
·2022-05-09
not looking good
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- NareshwG:
  You are right, Buddy!
  2022-05-10
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Customer count rose 86% from a year ago, the company said.</p><p>For the second quarter ending in June, Palantir guided to a “base case” of $470 million in revenue, while noting that there was “a wide range of potential upside to our guidance, including those driven by our role in responding to developing geopolitical events.” Previous consensus called for $484 million in second-quarter revenue.</p><p>Palantir repeated a previous forecast for 27% adjusted operating margins for the full year, and likewise reiterated its long-term forecast for annual revenue growth of 30% or better through 2025.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187917201","content_text":"Palantir Stock Sinks 11.6% Premarket After Q1 Results. Palantir Technologies posted soft first-quarter results, along with June quarter guidance that fell shy of previous Wall Street forecasts.Global economic and geopolitical forces appeared to be weighing on the company’s near-term outlook, although Palantir’s long-established ties to U.S. government defense and intelligence agencies could be an advantage in a world rife with geopolitical conflict.For the March quarter, Palantir  posted revenue of $446.4 million, up 31% from a year ago,a smidge shy of the company’s guidance of $447 million, but above the Wall Street consensus at $443 million.On an adjusted basis, the data analytics company earned 2 cents a share in the quarter, 2 cents short of the Wall Street consensus. 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