Palantir publicly filed stock-listing paperwork on Tuesday and revealed nearly $580 million in 2019 losses. Like other money-losing companies have recently warned in their paperwork before going public, Palantir said it may never turn a profit.
. The company reported a net loss of roughly $580 million in 2019, and an almost identically-sized loss in 2018. Palantir generated nearly $743 million in revenue last year, a 25% rise from 2018's revenue of $595 million. The company is newly headquartered in Denver, Colorado and was previously based in Palo Alto, California in the heart of Silicon Valley. Palantir was founded by a group of alumni from PayPal, including current chief executive Alex Karp and the venture capitalist Peter Thiel.
So people should invest because shits and giggles ?
Good. Let's hope it sinks.
intelligence fronts don't have to make money
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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