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A banner featuring the logo of Palantir Technologies (PLTR) is seen at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020.
Andrew Kelly | Reuters
Shares of Palantir popped as much as 19% in extended trading Monday after the company released fourth-quarter earnings that beat analysts’ estimates on top and bottom lines.
Here’s how the company did:
- EPS: 4 cents adjusted vs. 3 cents expected by analysts, according to Refinitiv
- Revenue: $509 million vs. $502 million expected by analysts, according to Refinitiviv.
Palantir’s revenue for the quarter increased 18% year over year, and its U.S. commercial revenue…
Source cnbc.com
