Palantir

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Palantir

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Revenue: Reported at $634 million, up 21% year-over-year, surpassing the estimate of $625.43 million.

Net Income: Achieved $106 million, up significantly from the previous year, but fell short of the estimated $178.98 million.

Earnings Per Share (EPS): GAAP EPS reported at $0.04, below the estimated $0.08.

Adjusted Free Cash Flow: Reached $149 million, indicating a robust 23% margin.

U.S. Commercial Revenue: Grew 40% year-over-year to $150 million, highlighting strong domestic market performance.

Customer Growth: Total customer count increased by 42% year-over-year, demonstrating significant market penetration.

Future Outlook: Revenue guidance for Q2 2024 set between $649 million and $653 million, with full-year revenue expectations raised to between $2.677 billion and $2.689 billion.

 

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