Earnings

Palantir (PLTR) Q1 2021 earnings

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Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019.

Kiyoshi Ota | Bloomberg | Getty Images

Palantir, the maker of software and analytics tools for the defense industry and large corporations, reported 49% revenue growth for its first quarter, beating Wall Street estimates. It also came in line with top-line estimates.

Shares fell nearly 9% in the premarket.

Here are the key numbers:

  • Earnings per share: 4 cents, adjusted vs. 4 cents expected, according to a Refinitiv survey of analysts
  • Revenue: $341 million vs. $332.2 million expected, per Refinitiv

Co-founded in 2003 by Peter Thiel, Joe Lonsdale, CEO…



Source cnbc.com

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