“Unrelenting AI Demand” Fuels Palantir to 100% Earnings

Nov 5, 2024  · The AI data analytics firm saw revenue rise 30% year-over-year in Q3 to a record $726 million, which topped estimates to $703 million. Net income rose 100% to $143 million, …


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“Unrelenting AI Demand” Fuels Palantir To 100% Earnings

1 week from now

Nov 5, 2024  · The AI data analytics firm saw revenue rise 30% year-over-year in Q3 to a record $726 million, which topped estimates to $703 million. Net income rose 100% to $143 million, …

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Palantir's Stock Surges As 'unrelenting' AI Demand Fuels Earnings …

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Aug 5, 2024  · Palantir reported second-quarter net income of $134 million, or 6 cents a share - up from $28 million, or 1 cent a share, in the year-earlier period. After adjustments, Palantir …

morningstar.com

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Palantir Delivers Record Profit And Raises Guidance Amid Surging …

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Nov 5, 2024  · Palantir reported Q3 revenue growth of 30% year-over-year (YoY), reaching $725 million, with U.S. revenue up 44%. The company posted a record net income of $144 million, …

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Palantir Stock Pops As Earnings Blow Past Expectations

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Nov 4, 2024  · Palantir CEO Says Strong Results Were Driven by 'Unrelenting AI Demand' The company's U.S. commercial revenue grew 54% to $179 million. Palantir CEO Alexander Karp …

investopedia.com

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Palantir’s Stock Surges As ‘unrelenting’ AI Demand Fuels Earnings …

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Aug 5, 2024  · Palantir’s stock surges as ‘unrelenting’ AI demand fuels earnings beat. AI software company boosts its full-year forecast, sending shares more than 12% higher. By Emily Bary. …

marketwatch.com

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Palantir Stock Soars As "Unrelenting" Artificial Intelligence (AI ...

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Nov 5, 2024  · Palantir Stock Soars as "Unrelenting" Artificial Intelligence (AI) Demand Drives 43% Earnings Growth and Annual Guidance Raise November 05, 2024 — 06:15 am EST.

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Palantir Jumps To Record After Earnings Beat, Strong Outlook

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Nov 4, 2024  · Palantir Jumps to Record After Earnings Beat, ... The share price is up nearly 200% so far this year, fueled by demand for its AI software and events such as its recent inclusion in …

financialpost.com

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Palantir's Stock Surges As AI Drives A Further ... - Morningstar

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Nov 5, 2024  · Palantir anticipates $767 million to $771 million in revenue for the fourth quarter, above the $745 million consensus view. "We're seeing real impacts through the delivery of AI," …

morningstar.com

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Palantir Cites 'unwavering' AI Demand After Record Profits

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Nov 5, 2024  · The share price is up more than 140% so far this year, fueled by demand for its AI software and events such as its recent inclusion in the S&P ... Palantir delivered adjusted …

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Palantir Stock Soars As "Unbridled Demand" For Artificial …

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Aug 6, 2024  · Palantir Technologies (PLTR 1.42%) stock surged 12.2% in Monday's after-hours trading following the software-as-a-service (SaaS) company's release of its second-quarter …

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Palantir Stock: Massive Gains And Growing Demand In The AI Market

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Nov 11, 2024  · Palantir Technologies NYSE: PLTR has been one of the hottest stocks of 2024. Palantir’s stock price has soared about 240% year-to-date and 195% for the full year. The …

marketbeat.com

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Palantir's Stock Surges Nearly 20% As Company Rides AI

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Feb 6, 2024  · By Emily Bary . Company calls out 'unrelenting' demand for large-language models . Palantir Technologies Inc. edged out expectations for the latest quarter, as the software …

morningstar.com

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Palantir Shares Surge Over 12% On Strong Earnings And Raised …

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Nov 4, 2024  · For the quarter that ended on Sept. 30, Palantir reported adjusted earnings per share of 10 cents, up from seven cents per share in the same quarter of last year, on revenue …

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Palantir Q3 Earnings: Revenue Beat, EPS Beat, Customers Up

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Nov 4, 2024  · Palantir reports third-quarter revenue of $725.52 million, beating the consensus estimate of $701.13 million. Palantir reports third-quarter earnings of 6 cents per share, …

benzinga.com

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Palantir’s Stock Surges As ‘unrelenting’ AI Demand Fuels Earnings …

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Palantir reported second-quarter net income of $134 million, or 6 cents a share — up from $28 million, or 1 cent a share, in the year-earlier period. After adjustments, Palantir earned 9 cents …

msn.com

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Palantir Shares Surge To Record As AI Boom Powers Forecast Raise

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Nov 5, 2024  · Palantir raised its 2024 revenue forecast to between $2.805 billion and $2.809 billion, from the $2.742 billion to $2.750 billion projected earlier. Palantir Technologies …

reuters.com

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Palantir: Rally Isn't Over Yet (Rating Upgrade) - Seeking Alpha

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4 hours ago  · Palantir's stock has surged 65.88% since October 2024, driven by strong earnings and revenue growth, surpassing market expectations. Despite a high forward P/E ratio of …

seekingalpha.com

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Palantir Stock Skyrockets As AI Platforms Fuel Q4 Sales …

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Feb 6, 2024  · Key Takeaways. Palantir Technology shares were up 18% in premarket trading after the company reported fourth-quarter revenue that surpassed Wall Street's expectation …

investopedia.com

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Palantir Shares Surge On Rosy Profit Outlook Signaling AI Demand

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Aug 5, 2024  · Palantir increased its 2024 revenue guidance to a range of $2.74 to $2.75 billion. Analysts had expected $2.7 billion, according to data compiled by Bloomberg. The company …

bloomberg.com

FAQs about “Unrelenting AI Demand” Fuels Palantir to 100% Earnings Coupon?

Does Palantir have a strong demand for AI software?

Although Palantir counts global organizations like energy giant BP Plc and the UK’s National Health Service among its customers, demand overseas for its AI software has been weak compared to the US. The company said $499 million of its revenue for the third quarter, about 70%, came from American customers. ...

Why is Palantir's share price up 140% this year?

The share price is up more than 140% so far this year, fueled by demand for its AI software and events such as its recent inclusion in the S&P 500. Palantir delivered adjusted earnings of 10 cents a share in the period ended Sept. 30, beating analyst estimates of nine cents. ...

Why did Palantir Technologies stock surge in extended trading Monday?

Palantir Technologies shares surged in extended trading Monday after the company reported better-than-expected quarterly results and lifted its full-year guidance on strong demand for its artificial intelligence platform. ...

Is Palantir Technologies a good stock to buy?

Palantir Technologies Just Took Wall Street to School. 1 Analyst Predicted the Outcome. Palantir has been one of the undisputed beneficiaries of the uptick in demand for AI. The company delivered results that handily surpassed expectations and management's robust forecast. The stock isn't cheap, but Palantir is a key player in the AI revolution. ...

Why did Palantir shares jump in premarket trading?

Palantir shares jumped in premarket trading after the big data analytics software maker beat analysts' fourth-quarter sales forecast on growing demand for its AI platforms. Here are key chart levels to monitor. ...

Is Palantir a good stock to buy in 2024?

With a year-to-date stock gain of over 150%, Palantir stands out as one of 2024's top performers. This earnings report reaffirms Palantir's long-term potential to capitalize on AI demand, solidifying its leadership in AI-driven solutions for mission-critical applications. ...

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