Palantir (PLTR) Tops Q1 EPS by 1c, Revenue Beats, Offers Guidance

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Go back to Palantir (PLTR) Tops Q1 EPS by 1c, Revenue Beats, Offers Guidance

Palantir Reports Its Second Consecutive Quarter of Positive GAAP Net Income; GAAP EPS of $0.01 in Q1 2023

May 8, 2023 4:05 PM EDT

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced financial results for the first quarter ended March 31, 2023.

We were profitable again this quarter... And we now anticipate that we will remain profitable each quarter through the end of the year, Alexander C. Karp, co-founder and chief executive officer of Palantir Technologies Inc., wrote in a letter to shareholders. The depth of engagement with and demand for our new Artificial Intelligence Platform (AIP) is without precedent.

Q1 2023 Highlights

GAAP net income of $17... More