Palantir Technologies posted a big beat with its fourth-quarter results on Monday afternoon. Shares soared in after-hours trading. Earnings per share were up annually by 75% to 14 cents, compared with Wall Street’s consensus estimate of 11 cents,

Palantir Technologies Inc.’s hefty premium will be in focus when the data analysis software giant reports earnings after the market close on Monday — with the stock trading at levels some see as difficult to maintain.

Palantir bet on software that allows companies to deploy large-language models in a practical sense, and management says that’s paying off big time.