Palantir Technologies Inc.
Palantir Reports Strong Q2 2024 Financial Results and Raises Guidance
Summary
Palantir Technologies Inc. reported a 27% year-over-year revenue growth to $678 million for Q2 2024, driven by strong US commercial revenue growth of 55% YOY. The company also announced a GAAP EPS of $0.06, a 500% increase from the prior year. Palantir raised its full-year 2024 revenue guidance to between $2.742 - $2.750 billion and adjusted income from operations guidance to between $966 - $974 million. The investor presentation and CEO letter were also published on the company's website.
Profitelligence Alerts
Get alerts for PLTR
Be first to know when Palantir Technologies Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
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
Advertisement