Palantir Technologies Non-GAAP EPS of $0.09 beats by $0.01, revenue of $678.13M beats by $25.71M

Palantir Technologies press release (NYSE:PLTR): Q2 Non-GAAP EPS of $0.09 beats by $0.01.
Revenue of $678.13M (+27.2% Y/Y) beats by $25.71M.
Closed 27 deals over $10 million
Customer count grew 41% year-over-year and 7% quarter-over-quarter
For Q3 2024, we expect:
- Revenue of between $697 – $701 million $680.2M consensus
- Adjusted income from operations of between $233 – $237 million.
For full year 2024:
- We are raising our revenue guidance to between $2.742 – $2.750 billion vs $2.7B consensus
- We are raising our US commercial revenue guidance to in excess of $672 million, representing a growth rate of at least 47%.
- We are raising our adjusted income from operations guidance to between $966 – $974 million.
- We continue to expect adjusted free cash flow of between $800 million – $1 billion.
- And we continue to expect GAAP operating income and net income in each quarter of this year.

Tags: PLTR