secwatch.observer — SEC 8-K summary
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Issuer:     Planet Labs PBC (PL)
CIK:        0001836833
Form:       8-K
Filed at:   2023-09-07T23:59:59+00:00
Accession:  0001836833-23-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836833/000183683323000082/0001836833-23-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836833/000183683323000082/pl-20230907.htm
  HTML page:      https://secwatch.observer/filing/0001836833-23-000082

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