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Palantir earnings show AI traction, while company hits a milestone on profits

Por: MarketWatch Politics November 02, 2023

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With Palantir’s streak of GAAP profits, it’s now eligible for inclusion in the S&P 500, though it’s up to the index committee which companies get to join. On an adjusted basis, Palantir reported 7 cents in earnings per share, ahead of the FactSet consensus, which was for 6 cents. Revenue rose 17% to $558 million in the third quarter, edging consensus expectations for $556 million. Palantir enjoyed upside in its U.S. commercial business,... + full article



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