Palantir Technologies Inc. broke records once again with its third-quarter earnings as the company’s artificial-intelligence offerings drove aggressive business growth, but the stock fell in after-hours trading.
Palantir
PLTR on Monday posted its best-ever results, reporting $1.18 billion in revenue and adjusted earnings of 21 cents per share for the quarter that ended Sept. 30. The results surpassed Wall Street expectations — analysts polled by FactSet had been anticipating $1.1 billion and 17 cents, respectively.
Palantir’s stock falls despite AI fueling another flurry of records
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Palantir Technologies Inc. broke records once again with its third-quarter earnings as the company’s artificial-intelligence offerings drove aggressive business growth, but the stock fell in after-hours trading.
Palantir
PLTR on Monday posted its best-ever results, reporting $1.18 billion in revenue and adjusted earnings of 21 cents per share for the quarter that ended Sept. 30. The results surpassed Wall Street expectations — analysts polled by FactSet had been anticipating $1.1 billion and 17 cents, respectively.
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