Palantir (PLTR) Approves $1 Billion Buyback
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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