Palantir stock roars more than 20% higher after second straight earnings surprise

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Palantir executives called out benefits related to the growing interest in the development of AI, with CFO David Glazer citing “this massive potential for the AI opportunities sitting in front of us.”

Palantir Technologies Inc. delivered a surprise profit for the second quarter in a row Monday, while also topping revenue expectations, sending shares more than 20% higher in after-hours trading.

The software company reported first-quarter net income of $17 million, or 1 cent a share, whereas Palantir PLTR posted a loss of $101 million, or 5 cents a share, in the year-earlier quarter. Analysts tracked by FactSet were expecting a loss of a penny a share on a GAAP basis. The stock closed with a 4.7% gain at $7.76 in Monday’s...

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Palantir stock roars higher after a second straight earnings surprisePalantir Technologies Inc. delivered a surprise profit for the second quarter in a row Monday, while also topping revenue expectations.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Zscaler stock soars 20% as company raises its forecast far above expectationsZscaler shares were rocketing in premarket trading Monday after the company said that it expects to report better-than-expected results for its April quarter.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Palantir soars 25% on earnings beat and prediction of full-year profitabilityPalantir CEO Alex Karp said the company expects to remain profitable 'each quarter through the end of the year.'
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Stocks making the biggest moves after hours: Lucid, Palantir, PayPal and moreThese are the stocks posting the largest moves in extended trading.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »