Questions about Palantir’s (PLTR) ability to meaningfully penetrate the commercial market have underpinned the bear thesis for the big data specialist. The company’s latest set of quarterly results have only provided the naysayers with more ammunition. But first, let’s look at the quarter’s positives. In Q3, non-GAAP EPS of $0.04 met the Street’s target, while revenue increased by 35.5% year-over-year to $392 million, $5.54 million above consensus. And looking ahead to Q4, Palantir is targeting revenue of $418 million, above Wall Street’s forecast for $402 million. The company’s guidance for full-year revenue of $1.527 billion is also higher than the consensus estimate of $1.505 billion.
https://www.tipranks.com/news/article/palantir-breaking-down-rbcs-bearish-call?utm_source=advfn.com&utm_medium=referral
Palantir Technologies (NYSE:PLTR)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Palantir Technologies Charts.
Palantir Technologies (NYSE:PLTR)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Palantir Technologies Charts.