Palantir Technologies Inc.
- Palantir Technologies surged 15.8% to $19.38 after the company reported a jump in its commercial customers.
Revenue in the fourth quarter jumped 20% to $608.4 million from $508.6 million, net income soared to $93.4 million from $30.9 million, and diluted earnings per share advanced to 4 cents from 1 cent.
The company said demand for its AI-driven and large language-based platform is "unrelenting."
The company also said the number of commercial customers increased by 55% to 221 from 143 a year ago.
The company forecasted first-quarter revenue between $612 million and $618 million and full-year revenue between $2.65 billion and $2.67 billion.
Feb 6, 2024 - Palantir Technologies Inc increased 2.7% to $18.09 on news that the U.S. Army assigned a $250 million contract to test and develop artificial Intelligence tools.
Oct 10, 2023
| Year | Q1 | Q2 | Q3 | Q4 | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 0.01 | 0.01 | 0.03 | - | - | |
| 2022 | -0.05 | -0.09 | -0.06 | 0.02 | -0.18 | |
| 2021 | -0.07 | -0.07 | -0.05 | -0.08 | -0.27 | |
| 2020 | - | - | - | - | -1.2 | |
| 2019 | - | - | - | - | -1.02 | |
| 2018 | - | - | - | - | -1.17 |