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…