Palantir
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.