Palantir Stock Rises 7% Due to Exceeding Expectations in Revenue
2026-08-04 21:17:44
According to CoinMeta, Palantir Technologies ( PLTR ) exceeded expectations in its second-quarter report, with revenue reaching $1.94 billion, a year-on-year increase of 93%. The company's adjusted earnings per share were $0.41, surpassing Wall Street analysts' forecast of $0.35. The U.S. commercial segment of Palantir saw a year-on-year revenue increase of 149%, reaching $764 million, and government-related revenue also grew by 90%, to $809 million. Management has raised its full-year revenue forecast to $8.15 billion to $8.158 billion, with an expected growth of about 82%.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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