Palantir (PLTR) Tops Q4 EPS by 1c, Offers Guidance

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Go back to Palantir (PLTR) Tops Q4 EPS by 1c, Offers Guidance

Palantir Reports Its First Quarter of Positive GAAP Net Income, GAAP EPS of $0.01 in Q4 2022

February 13, 2023 4:05 PM EST

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022.

With this result, Palantir is profitable. This is a significant moment for us and our supporters, said Alex Karp, co-founder and chief executive officer of Palantir Technologies.

Q4 2022 Highlights

GAAP net income of $31 million This marks our first quarter of positive GAAP net income GAAP earnings per share of $0.01 Adjusted earnings per share of $0.04 Total revenue grew 18% year-over-year to $509... More