secwatch.observer — SEC 8-K summary
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Issuer:     Palantir Technologies Inc. (PLTR)
CIK:        0001321655
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001321655-23-000086
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palantir Q2 net income $28M; raises FY revenue view above $2.212B; $1B buyback authorized
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- Q2 revenue $533M (+13% YoY); GAAP EPS $0.01, adjusted EPS $0.05; third consecutive GAAP-profitable quarter.
- US commercial revenue grew 20% YoY to $103M; total customer count up 38% YoY.
- Full-year 2023 revenue guidance raised to >$2.212B; adjusted income from operations >$576M.
- Board authorized $1.0B share repurchase program, subject to profitability conditions.
- Cash from operations $90M; adjusted free cash flow $96M; cash and equivalents $3.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321655/000132165523000086/0001321655-23-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321655/000132165523000086/pltr-20230807.htm
  HTML page:      https://secwatch.observer/filing/0001321655-23-000086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer