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Palantir announces $1 billion buyback program, stock rises after earnings

Por: MarketWatch Business August 07, 2023

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Palantir logged adjusted earnings per share of 5 cents, in line with the FactSet consensus. Revenue rose to $533 million from $473 million and also met the FactSet consensus. The company notched $232 million in commercial revenue, up 10% from a year before, along with $302 million of government revenue, up 15%. After initially falling immediately following the report, Palantir shares were last up more than 1% in after-hours trading. “We... + full article



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