Palantir Manages Big Q4 Earnings Beat
Palantir Technologies reported a strong Q4 2024, exceeding both analyst and management expectations, driven by robust U.S. performance.
Palantir Q4 Earnings: Revenue Beat, EPS Beat, US Revenue Up 52%, Customer Count Up 43%, Strong Guidance
Palantir reports fourth-quarter revenue of $827.52 million, beating the consensus estimate of $775.91 million. The company reports fourth-quarter adjusted earnings of 14 cents per share, beating analyst estimates of 11 cents per share.
Palantir stock climbs as strong earnings and guidance impress investors
Palantir’s strong numbers were driven by a 52% year-over-year and 12% quarter-over-quarter increase in revenue in the U.S., with U.S. commercial revenue up 64% year-over-year and government revenue up 45%. The company closed 129 details of at least $1 million in the quarter, 58 deals of at least $5 million and 32 deals of at least $10 million.
Palantir shares pop 15% after company posts strong earnings and outlook
Shares popped more than 10% on the strong results and outlook. The earnings report follows a historic rally in the company's stock last year. Palantir shares surged more than 15% in extended trading on Monday after the software company reported fourth-quarter earnings and revenue that surpassed Wall Street's estimates.
Palantir shares spike on earnings beat and strong outlook
Dan Ives, Wedbush, and Brent Thill, Jefferies, join 'Closing Bell Overtime' to talk Palantir earnings after the stock spikes more than 15% in overtime.
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