Palantir: raises annual targets
(CercleFinance.com) - On its quarterly publication on Monday evening, Palantir raised its annual adjusted operating profit guidance to between $966m and $974m, as well as its revenue guidance to between $2.
742bn and $2.75bn.
Our growth in commercial and government markets has been driven by a relentless wave of customer demand for artificial intelligence systems, explains Alex Karp, CEO of the predictive analytics specialist.
In Q2 2024, Palantir's adjusted EPS rose 80% y-o-y to $0.09, with adjusted operating profit of $254m, i.e. a margin of 37% on revenues up 27% to $678m.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
742bn and $2.75bn.
Our growth in commercial and government markets has been driven by a relentless wave of customer demand for artificial intelligence systems, explains Alex Karp, CEO of the predictive analytics specialist.
In Q2 2024, Palantir's adjusted EPS rose 80% y-o-y to $0.09, with adjusted operating profit of $254m, i.e. a margin of 37% on revenues up 27% to $678m.
Copyright (c) 2024 CercleFinance.com. All rights reserved.