Palantir (PLTR) Reports In-Line Q2 EPS, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Deutsche Bank cuts gold outlook as Fed repricing weighs on prices
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Palantir Reports Its Third Consecutive Quarter of GAAP Profitability; GAAP EPS of $0.01 in Q2 2023
August 7, 2023 4:05 PM EDTDENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced financial results for the second quarter ended June 30, 2023.
Q2 2023 Highlights
GAAP net income of $28 million Third consecutive quarter of GAAP profitability GAAP income from operations of $10 million, representing a 2% margin Second consecutive quarter of GAAP operating profitability GAAP earnings per share (EPS) of $0.01 Adjusted EPS of $0.05 Revenue grew 13% year-over-year to $533 million Commercial revenue grew 10% year-over-year to $232 million US commercial revenue grew 20% year-over-year to $103 million Government... More