Planet Reports Financial Results for Second Quarter of Fiscal Year 2023

Go back to Planet Reports Financial Results for Second Quarter of Fiscal Year 2023

Planet Labs (PL) PT Raised to $9 at Needham & Company on Q2 Beat

September 13, 2022 6:49 AM EDT

Needham & Company analyst Ryan Koontz raised the price target on Planet Labs (NYSE: PL) to $9.00 (from $8.00) while maintaining a Buy rating following Q2 beat.

The analyst commented, "PL delivered a strong F2Q23 that meaningfully beat on revenue (+59% y/y) and Adj. EBITDA, driven... More

Planet Labs (PL) Misses Q2 EPS by 1c, Offers Guidance

September 12, 2022 4:12 PM EDT

Planet Labs (NYSE: PL) reported Q2 EPS of ($0.15), $0.01 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $48.5 million versus the consensus estimate of $42.4 million.

GUIDANCE:

Planet Labs sees Q3 2023 revenue of $45-48 million, versus the consensus... More