Planet Labs Q2 revenue $53.8M (+11% YoY); acquisition of Sinergise closed

Planet Labs PBC

2024-Q2 EPS reported -$0.26 revenue$106,464,000

Revenue of $53.8M, a record, up 11% YoY; gross margin 49% (non-GAAP 52%).
Customer count of 944, up 10% YoY; 92% of ACV from recurring deals.
Cash and investments $367.8M, no debt; restructuring announced to sharpen focus.
Completion of Sinergise acquisition, adding geospatial capabilities.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Planet Labs PBC reported second fiscal quarter ended July 31, 2023 results: revenue $53.8 million.

Period: second fiscal quarter ended July 31, 2023
Revenue: $53.8 million
Result: reported results

Exact text from the filing

incorporation language in such filing. --- EX-99.1 (EX-99.1) --- Planet Reports Financial Results for Second Quarter of Fiscal 2024 Delivers Record Quarterly Revenue of $53.8 Million Announced Completion of Acquisition of Sinergise San Francisco, CA – September 7, 2023 – Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Planet Labs PBC filing history →

Source: SEC EDGAR

accession 0001836833-23-000082

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.