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via finance.yahoo.comBusiness & Companies

Palantir raises full-year revenue outlook as US commercial sales accelerate

FROM THE WIRE · FINANCE.YAHOO.COM

Palantir (PLTR) beat Wall Street estimates on its third quarter revenue and profit on Monday and raised its full-year revenue outlook as the data software company's US commercial business surpassed its US government sales for the first time ever. Palantir reported Q3 revenue of…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA strong earnings beat and a raised full-year outlook from a large software company can move the tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Palantir reported Q3 revenue of $2.313 billion, up 96% year over year, versus $2.17 billion expected.
  2. 02Full-year revenue outlook was raised to between $8.530 billion and $8.534 billion, above $8.2 billion estimates.
  3. 03US commercial sales surpassed US government sales for the first time.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Palantir Technologies Inc.PLTRStock178.34 USDMarket closedtoday -3.13%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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