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Palantir posts first profitable quarter, stock soars after earnings

Por: MarketWatch Business February 14, 2023

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Chief Executive Alex Karp originally was targeting GAAP profitability in 2025. “Our commitment to and relentless focus on the long term at times has required patience,” Karp said in the latest shareholder letter. “At other times, as our profitability demonstrates, we will deliver results at a rate that surpasses even the expectations of those who believed that we would prevail.” Chief Financial Officer David Glazer told MarketWatch that... + full article



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