Palantir thread

Entity

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the earnings came out and they raised outlook for 2021
commercial customer base also grew 61% since start of the year which is good news
 

Shion

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Data analytics firm Palantir reports 36per cent jump in quarterly revenue​


https://www.channelnewsasia.com/bus...rts-36per-cent-jump-quarterly-revenue-2301371
U.S. data analytics firm Palantir Technologies reported a 36per cent rise in third-quarter revenue on Tuesday as it landed more government contracts and commercial deals.

Shares of the company, backed by tech billionaire Peter Thiel, rose 1.5per cent to 27.14 in premarket trading.

Palantir, which provides its software to the United States and "its allies," is known for its work with the U.S. government agencies like the Central Intelligence Agency. Its two software platforms, Gotham and Foundry, allow government bodies, companies and non-profit organizations to integrate and analyze complicated data.

Palantir has had a steady flow of deals from the public sector, including one with the U.S. army to deploy its software to help in defense decision-making as well as a continuing contract with the U.S. National Institutes of Health to support COVID-19 research during the current quarter.

Palantir said it added 34 net new customers in the third quarter.

Net loss narrowed to US$102.1 million, or 5 cents per share, from US$853.3 million or 94 cents per share a year earlier.

Revenue rose to US$392.2 million in the quarter ended Sept. 30 from US$289.4 million a year earlier. Analysts on average had expected a revenue of US$385 million, according to IBES data from Refinitiv.
 

minamikaze

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Data analytics firm Palantir reports 36per cent jump in quarterly revenue​


https://www.channelnewsasia.com/bus...rts-36per-cent-jump-quarterly-revenue-2301371
U.S. data analytics firm Palantir Technologies reported a 36per cent rise in third-quarter revenue on Tuesday as it landed more government contracts and commercial deals.

Shares of the company, backed by tech billionaire Peter Thiel, rose 1.5per cent to 27.14 in premarket trading.

Palantir, which provides its software to the United States and "its allies," is known for its work with the U.S. government agencies like the Central Intelligence Agency. Its two software platforms, Gotham and Foundry, allow government bodies, companies and non-profit organizations to integrate and analyze complicated data.

Palantir has had a steady flow of deals from the public sector, including one with the U.S. army to deploy its software to help in defense decision-making as well as a continuing contract with the U.S. National Institutes of Health to support COVID-19 research during the current quarter.

Palantir said it added 34 net new customers in the third quarter.

Net loss narrowed to US$102.1 million, or 5 cents per share, from US$853.3 million or 94 cents per share a year earlier.

Revenue rose to US$392.2 million in the quarter ended Sept. 30 from US$289.4 million a year earlier. Analysts on average had expected a revenue of US$385 million, according to IBES data from Refinitiv.
still drop 2.88% premarket :(
 

Perisher

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Data analytics firm Palantir reports 36per cent jump in quarterly revenue​


https://www.channelnewsasia.com/bus...rts-36per-cent-jump-quarterly-revenue-2301371
U.S. data analytics firm Palantir Technologies reported a 36per cent rise in third-quarter revenue on Tuesday as it landed more government contracts and commercial deals.

Shares of the company, backed by tech billionaire Peter Thiel, rose 1.5per cent to 27.14 in premarket trading.

Palantir, which provides its software to the United States and "its allies," is known for its work with the U.S. government agencies like the Central Intelligence Agency. Its two software platforms, Gotham and Foundry, allow government bodies, companies and non-profit organizations to integrate and analyze complicated data.

Palantir has had a steady flow of deals from the public sector, including one with the U.S. army to deploy its software to help in defense decision-making as well as a continuing contract with the U.S. National Institutes of Health to support COVID-19 research during the current quarter.

Palantir said it added 34 net new customers in the third quarter.

Net loss narrowed to US$102.1 million, or 5 cents per share, from US$853.3 million or 94 cents per share a year earlier.

Revenue rose to US$392.2 million in the quarter ended Sept. 30 from US$289.4 million a year earlier. Analysts on average had expected a revenue of US$385 million, according to IBES data from Refinitiv.

Not enough to make it chiong but don’t care. Buy and hold.
 

[M]aiev

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Dropped because of guided growth. Not a fantastic earning growth other than commercial side.
 

NeedHeIp

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to be honest it's a broad market selloff, look at tech in general. quite brutal today
 

endlssorrow

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Just about when u see this going up liao then sudden drop like a bomb hahhha
 

aiptasia

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Plenty of better merchandise around. The fact that it did not participate in the recent rally but declined sharply when the market pulled back tells me that investors are dumping their shares at the first opportunity.
 

RedsYWNA

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Plenty of better merchandise around. The fact that it did not participate in the recent rally but declined sharply when the market pulled back tells me that investors are dumping their shares at the first opportunity.
Saw some 'guru' selling 50 + 50 puts on Palantir...........wow, madness

 
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