Palantir Technologies Inc. (PLTR) PT Raised to $12 at Goldman Sachs
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Palantir Reports Its Fourth Consecutive Quarter of GAAP Profitability; GAAP EPS of $0.03
November 2, 2023 7:00 AM EDTDENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced financial results for the third quarter ended September 30, 2023.
Q3 2023 Highlights
GAAP net income of $72 million, representing a 13% margin Fourth consecutive quarter of GAAP profitability GAAP income from operations of $40 million, representing a 7% margin Third consecutive quarter of GAAP operating profitability GAAP earnings per share (EPS) of $0.03 Adjusted EPS of $0.07 Revenue grew 17% year-over-year to $558 million Commercial revenue grew 23% year-over-year to $251 million US commercial revenue grew 33%... More