$Palantir Technologies Inc.(PLTR)$Palantirblamed the earnings misson a decline in investments and marketable securities. In terms of revenue, Palantir reported $473 million for the quarter. This was slightly better than the $471.3 million expected by analysts who cover the company. Overall, revenue was up 26% from a year earlier, helped by a 46% increase in the company’s commercial revenue.

Palantir, which markets itself as a software company, said its number of private sector and commercial customers grew 250% from a year earlier, rising to 119 from 34 in the same period of 2021.Looking ahead, the company said it expects to report revenue between $474 million and $475 million for the current third quarter, and between $1.9 billion and $1.902 billion for all of this year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
  • wywy
    ·2022-08-19
    [smile]
    Reply
    Report
  • jayc
    ·2022-08-19
    👍
    Reply
    Report
  • 007ws
    ·2022-08-19
    gd
    Reply
    Report
  • octa8
    ·2022-08-19
    [Like]
    Reply
    Report
  • Biao1818
    ·2022-08-19
    Ok
    Reply
    Report
  • Domiqta
    ·2022-08-19
    Ok
    Reply
    Report
  • HappyTrade
    ·2022-08-19
    OK
    Reply
    Report
  • kkchang
    ·2022-08-19
    ok
    Reply
    Report
  • LWayne
    ·2022-08-19
    hmmm...
    Reply
    Report
  • TerrenceT
    ·2022-08-19
    hold
    Reply
    Report