By 
Shares of Palantir closed up 20% Thursday after the company released third-quarter earnings that beat analysts’ expectations and raised full-year revenue guidance.
Here’s how the company did:
- Earnings per share: 7 cents, adjusted vs. 6 cents expected by LSEG, formerly known as Refinitiv
- Revenue: $558 million vs. $556.1 million expected by LSEG
Palantir’s revenue for the third quarter increased 17% to $558 million, from $478 million a year earlier. The company reported a net income of $72 million, or 3 cents per share, compared with a net loss of $123.9 million in the year-ago quarter.
The company’s third-quarter results mark its fourth-straight quarter of profitability, which means it is…
Source cnbc.com
