Palantir's shares jump as large contracts boost revenue forecast

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Palantir (PLTR) Soars 9% On a Beat-and-Raise

August 12, 2021 8:18 AM EDT

Palantir (NYSE: PLTR) reported better-than-expected second-quarter earnings to send its shares over 9% higher in pre-open Thursday.

The company reported EPS of $0.04 to beat the analyst estimate of $0.03. Sales soared 49% to $376 million, again better than the consensus estimate of $353.23 million.

The company... More