Palantir Technologies Inc - Ordinary Shares - Class A

NYSE:PLTR   3:59:58 PM EDT
29.04
+5.22 (+21.89%)
5:30:29 PM EDT: $28.95 -0.09 (-0.29%)
Positive Earnings Pre-Announcement

Palantir Reports Revenue Growth Of 52% In Q3

Published: 11/12/2020 21:33 GMT
(PLTR) - Palantir Reports Revenue Growth of 52% in the Third Quarter, Raises Full-year 2020 Guidance.
Sees Q4 2020 Revenue $299 Million to $301 Million.
Q3 Revenue $289.4 Million Versus Refinitiv Ibes Estimate of $279.4 Million.
Sees FY 2020 Revenue Up 44 Percent.
Sees FY 2020 Revenue $1.07 Billion to $1.072 Billion.
Qtrly Loss per Share $0.94.
Average Revenue Generated per Customer Through First 9 Months of 2020 Was $5.8 Million, Up From $4.2 Million per Customer.
Expects Year-over-year Revenue Growth in 2021 Will Be Greater Than 30%.
FY2021 Revenue View $1.40 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $300.31 Million
Adjusted EPS is expected to be $0.02

Next Quarter Revenue Guidance is expected to be $308.9 Million
Next Quarter EPS Guidance is expected to be $0.02

More details on our Analysts Page.