Reported about 8 hours ago
Palantir's fourth quarter revenue forecast exceeds Wall Street estimates, predicting over $1.3 billion compared to the $1.2 billion expected, despite concerns regarding the US government shutdown. The defense technology firm reported a 63% revenue increase in Q3, supported by a 52% rise in US government contracts and a remarkable 121% growth in its US commercial segment. The company also raised its full-year revenue guidance from $4.15 billion to $4.4 billion.
Source: YAHOO