Planet Labs (PL) Tops Q3 EPS by 5c, Offers Guidance

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Go back to Planet Labs (PL) Tops Q3 EPS by 5c, Offers Guidance

Planet Reports Financial Results for Third Quarter of Fiscal Year 2023

December 14, 2022 4:05 PM EST

Delivers Record Third Quarter Revenue of $49.7 Million, up 57% Year-over-Year
Expands YoY Third Quarter GAAP Gross Margin Expansion to 50% from 34%
Increases Full Year Revenue Guidance for FY23 to $188-192 million, or 45% YoY Growth at the Midpoint

SAN FRANCISCO--(BUSINESS WIRE)-- Planet Labs PBC (NYSE: PL) (Planet or the Company), a leading provider of daily data and insights about Earth, today announced financial results for its fiscal third quarter for the period ended October 31, 2022, demonstrating continued growth and momentum of its unique data subscription business.

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