Palantir Technologies on Monday raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative AI technology.


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Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge


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:Palantir Technologies on Monday raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative AI technology.Shares of the company rose about 8 per cent in extended trading. The

Channel News Asia

Government of Singapore

Singapore

Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge

Palantir is seeing pickup in artificial intelligence among its U.S. government client base.

CNBC

Roberts family

United States

Palantir shares surge on rosy revenue outlook

Palantir’s CEO says the latest earnings are ”a slap in the face of people who continue to believe that the value of AI is solely in building AI large language models.”

MarketWatch

Murdoch family

Palantir’s stock surges as AI drives a further acceleration in growth

Palantir reports impressive Q3 earnings with Non-GAAP EPS of $0.10 beating expectations by $0.01 and revenue of $725.52M up 30% year-over-year.

Seeking Alpha

Palantir Technologies Non-GAAP EPS of $0.10 beats by $0.01, revenue of $725.52M beats by $21.83M (NYSE:PLTR)

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Techmeme

California

Palantir reports Q3 revenue up 30% YoY to $725.5M, vs. $701.1M est., and raises 2024 revenue forecast again on robust AI adoption; PLTR jumps 11%+ after hours

Palantir reported third-quarter adjusted earnings of 10 cents a share on revenue of $725.5 million.

Barron's

New York

Palantir Stock Jumps as Earnings Beat and Outlook Shines

Palantir lifts annual forecast after reporting blowout Q3 earnings; shares jump

Investing.com

Palantir lifts annual forecast after reporting blowout Q3 earnings; shares jump By Investing.com

Palantir stock jumped on Q3 revenue that handily beat estimates while December quarter revenue guidance came in well above expectations.

Palantir Climbs On Third Quarter Earnings Beat, Strong Revenue Guidance

Investor's Business Daily

PALANTIR Technologies on Monday (Nov 4) raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative artificial intelligence (AI) technology.

Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge

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