Palantir Technologies Inc.
Palantir Announces Strong Q4 and FY 2023 Financial Results
Summary
Palantir Technologies Inc. reported its fifth consecutive quarter of GAAP profitability with Q4 2023 GAAP EPS of $0.04, revenue of $608 million, and full-year 2023 revenue of $2.23 billion. The company also posted an investor presentation and a letter from its CEO on its investor relations website as part of a Regulation FD Disclosure. Palantir expects Q1 2024 revenue between $612 - $616 million and adjusted income from operations between $196 - $200 million.
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About Palantir Technologies Inc.
Palantir Technologies Inc. is a public technology company known for its specialization in big data analytics. The company offers software platforms such as Palantir Gotham and Palantir Foundry, which are designed to integrate, manage, and analyze vast datasets. Its primary function is to assist organizations in making informed, data-driven decisions. Palantir caters to a diverse client base, including government agencies, financial institutions, healthcare providers, and manufacturing companies. The company’s products are instrumental in sectors that require complex and insightful analysis of data, such as national security, finance, and pharmaceuticals. Headquartered in Denver, Colorado, and founded in 2003, Palantir has maintained a vital role in the technological advancements of data intelligence. Its impactful contribution to the digital transformation landscape emphasizes its importance in addressing modern data challenges across various industries globally.
Official SEC Documents
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