Palantir Stock Surges After Strong Q3 Earnings and Upward Guidance

Reported 21 days ago

Palantir Technologies' stock saw a significant rise in after-hours trading following the release of its Q3 earnings, which reported a revenue of $725.5 million, surpassing expectations, alongside adjusted earnings of $0.10 per share. The company also raised its full-year revenue guidance, projecting between $2.805 billion and $2.809 billion for 2024. CEO Alex Karp and CTO Shyam Sankar discussed the company's plans and insights regarding the defense industry's revitalization.

Source: YAHOO

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