Palantir earnings show AI traction, while company hits a milestone on profits

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Palantir notches fourth quarter in a row of GAAP profitability, making the company eligible for S&P 500 inclusion

Palantir Technologies Inc. just notched its fourth quarterly GAAP profit in a row, and executives at the software company are cheering its traction in artificial intelligence.

With Palantir’s streak of GAAP profits, it’s now eligible for inclusion in the S&P 500, though it’s up to the index committee which companies get to join. Revenue rose 17% to $558 million in the third quarter, edging consensus expectations for $556 million. Palantir enjoyed upside in its U.S. commercial business, which posted 33% top-line growth and benefited from demand for the company’s Artificial Intelligence Platform, known as AIP.“This whole quarter was driven by the strength of the U.S. commercial business,” Chief Financial Officer David Glazer told MarketWatch, adding that AIP is “really on fire.

Palantir almost tripled the number of customers using AIP last quarter, marking “the tip of the iceberg in terms of what we’re doing with AI,” according to Taylor.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Bear Squeeze Remains in the Offing as Stocks ReboundStocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com
ソース: Investingcom - 🏆 450. / 53 続きを読む »

Bear Squeeze Remains in the Offing as Stocks BounceStocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com
ソース: Investingcom - 🏆 450. / 53 続きを読む »

Time to Book Profits as Market Rebound Could Face HeadwindsStocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com
ソース: Investingcom - 🏆 450. / 53 続きを読む »

S&P 500 futures tick higher as attention turns from Fed to latest earnings reports: Live updatesThe Federal Reserve kept rates at the conclusion of its meeting Wednesday, fueling a rally for stocks to start November.
ソース: CNBC - 🏆 12. / 72 続きを読む »