earnings
confidence high
sentiment neutral
materiality 0.75
Planet Labs Q3 FY2022 revenue $31.7M (+16% YoY); net loss $41.5M
Planet Labs PBC
2023-Q3 EPS reported
-$1.97
revenue$94,063,000
- Revenue $31.7M (+16% YoY); gross margin 34% vs 27%; customer count 742 (+32%).
- Net loss $41.5M; Adjusted EBITDA -$12.3M; reaffirms full-year FY2022 revenue outlook.
- Q4 guidance: revenue $35-37M, non-GAAP gross margin 37-39%, Adj EBITDA loss $15-17M.
- Completed business combination with dMY IV, raised $590M gross proceeds, listed NYSE under PL.
- Expanded contracts with FEMA and NRO; acquired VanderSat for soil moisture analytics.