Palantir Technologies Non-GAAP EPS of $0.10 beats by $0.01, revenue of $725.52M beats by $21.83M
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Contributor since / Followers
Contributor since / Followers
3 weeks ago
- Palantir Technologies press release (NYSE:PLTR): Q3 Non-GAAP EPS of $0.10 beats by $0.01.
- Revenue of $725.52M (+30.0% Y/Y) beats by $21.83M.
- Closed 104 deals over $1 million
- Customer count grew 39% year-over-year and 6% quarter-over-quarter
- Cash, cash equivalents, and short-term U.S. Treasury securities of $4.6 billion
- Cash from operations of $420 million, representing a 58% margin and $995 million on a trailing twelve month basis
- Adjusted free cash flow of $435 million, representing a 60% margin and over $1 billion on a trailing twelve month basis.
- Q4 Outlook: Revenue of between $767 – $771 million vs. consensus of $744.04M.
- Adjusted income from operations of between $298 – $302 million.
- 2024 Outlook: We are raising our revenue guidance to between $2.805 – $2.809 billion vs. consensus of $2.76B.
- We are raising our U.S. commercial revenue guidance to in excess of $687 million, representing a growth rate of at least 50%.
- We are raising our adjusted income from operations guidance to between $1.054 – $1.058 billion.
- We are raising our adjusted free cash flow guidance to in excess of $1 billion.
- And we continue to expect GAAP operating income and net income in each quarter of this year
- Shares +8.67%.