Planet Labs (PL) Tops Q1 EPS by 2c, Guidance Misses Consensus
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Planet Reports Financial Results for First Quarter of Fiscal 2024
June 8, 2023 4:05 PM EDTDelivers First Quarter Revenue of $52.7 Million, up 31% Year-over-Year
Expands First Quarter GAAP Gross Margin to 53% from 41% Year-over-Year
Surpasses 900 Global Customers Spanning Government and Commercial Industries
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 first quarter for the period ended April 30, 2023, that demonstrated continued growth and momentum of its unique data subscription business.
We continue to see strong demand for our proprietary data... More
