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News  ›  Benzinga

Palantir Q3 Earnings: Revenue, EPS Blow Past Estimates As US Commercial Business Booms

Benzinga Logo Benzinga By Adam Eckert
Palantir Q3 Earnings: Revenue, EPS Blow Past Estimates As US Commercial Business Booms

Palantir Technologies reported strong Q3 earnings with revenue of $1.18 billion, beating estimates, and adjusted earnings of 21 cents per share. The company saw significant growth in US commercial revenue and raised its full-year guidance.

Insights
GOOGL   neutral

Dependent on Google Cloud Platform performance and advertising resilience, with potential for 5% share price lift on cloud beat


PLTR   positive

Strong financial performance with 63% year-over-year revenue growth, 121% increase in US commercial revenue, 45% customer count growth, and raised full-year guidance indicate robust business momentum