Palantir shares jump 4.8% premarket as revenue tops estimates

2 months ago 14
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Palantir Technologies Inc. shares PLTR, -2.49% jumped 4.8% premarket Thursday, aft the information investigation institution posted stronger-than-expected gross for the 2nd 4th and reiterated semipermanent guidance. The Denver, Colo.-based institution posted a nett nonaccomplishment of $138.6 million, oregon 7 cents a share, for the quarter, aft a nonaccomplishment of $110.5 million, oregon 17 cents a share, successful the year-earlier period. Adjusted per-share net came to 4 cents, matching the FactSet consensus. Revenue roseate to $375.6 cardinal from $252.9 cardinal a twelvemonth ago, up of the $360.0 cardinal FactSet consensus. The institution said it closed 62 deals successful 4th of $1 cardinal oregon more, 21 of which person a worth greater than $10 million. It added 20 nett caller customers successful the quarter, portion full customers grew 13%. "Per semipermanent guidance policy, arsenic provided by our Chief Executive Officer, Alex Karp, we proceed to expect: -- Annual gross maturation of 30% oregon greater for 2021 done 2025," the institution said.

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