Palantir Beats Expectations, Revenue Surges 85%

Palantirs Q1 earnings soared, beating expectations with adjusted earnings per share of thirty-three cents and revenue surging 85% year over year to $1.63 billion. US commercial customers drove growth with 133% increase, while government sales rose 84%. Total US revenue hit $1.282 billion, up 104%. Margins remained strong, with adjusted operating income at $984 million and GAAP net income at $871 million. The company guides full-year sales between $7.65 billion and $7.66 billion, priced at 48 times sales. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e20c92c9a11d59d3