Palantir Exceeds Earnings Expectations and Increases Sales Forecast

Reported about 12 hours ago

Palantir reported third-quarter earnings and revenue that surpassed Wall Street estimates, with adjusted earnings per share at $0.21 and revenue at $1.18 billion. The company raised its outlook for fourth quarter and full-year sales, largely driven by a strong performance in its U.S. government and commercial sectors. Shares rose approximately 4% in after-hours trading, signaling positive investor sentiment.

Source: YAHOO

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