Earnings

Palantir (PLTR) Q2 2021 earnings report beats expectations for revenue

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Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019.

Charles Platiau | Reuters

Data analytics company Palantir on Thursday reported second-quarter earnings that beat Wall Street expectations for revenue and gave upbeat guidance for the current quarter.

Shares of the company were up more than 9% premarket.

Here’s how the company did versus analyst expectations in a Refinitiv survey:

  • Adjusted earnings per share: 4 cents vs. 4 cents expected
  • Revenue: $376 million vs. $352.3 million expected

Palantir’s revenue jumped 49% year over year for the second consecutive quarter.

Palantir said it expects revenue in the current quarter to come in at $385…



Source cnbc.com

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