Palantir Q3 Earnings: Revenue Beat, EPS Beat, Customers Up 39%, Guidance Raise — Results Driven By 'Unrelenting AI Demand That Won't Slow Down'

Quick Summary:

Q3 Earnings: Palantir reported third-quarter revenue of $725.52 million, beating the consensus estimate of $701.13 million, according to Benzinga Pro.

Palantir reported third-quarter earnings of six cents per share, beating analyst estimates of four cents per share.

Total revenue was up 30% year-over-year.U.S.revenue grew 44% year-over-year to $499 million.U.S.

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Author / Journalist: Adam Eckert

Category: Technology

Markets: United States

Topics: PLTR Benzinga After-Hours Center News Why it's moving Tech Earnings Movers Artificial intelligence Alex Karp AI

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 21:41:48 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 474 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23410879

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