secwatch.observer — SEC 8-K summary
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Issuer:     Palantir Technologies Inc. (PLTR)
CIK:        0001321655
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001321655-24-000207
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palantir Q3 rev $726M (+30% YoY), US rev +44%, GAAP EPS $0.06, raises FY guidance
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- 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'.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321655/000132165524000207/0001321655-24-000207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321655/000132165524000207/pltr-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001321655-24-000207

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