earnings
confidence high
sentiment positive
materiality 0.85
Palantir Q3 rev $726M (+30% YoY), US rev +44%, GAAP EPS $0.06, raises FY guidance
Palantir Technologies Inc.
2024-Q3 EPS reported
$0.16
revenue$2,037,988,000
- Revenue $726M, up 30% YoY; US revenue $499M, up 44% YoY; US commercial $179M (+54% YoY).
- GAAP net income $144M (20% margin); GAAP EPS $0.06, up 100% YoY; adjusted EPS $0.10, up 43% YoY.
- Customer count up 39% YoY; closed 104 deals over $1M; cash from ops $420M (58% margin).
- FY 2024 rev guidance raised to $2.805-2.809B; US comm rev >$687M (50%+ growth); adj FCF >$1B.
- Q4 2024 rev expected $767-771M; adj income from ops $298-302M; CEO cites 'unrelenting AI demand'.