PLTR

2022 - 8 - 8

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Palantir Stock Tumbles After Annual Forecast Disappoints (Bloomberg)

Palantir Technologies Inc. shares fell as much as 15% after the data software company forecast annual sales and profit that fell short of analysts' ...

Palantir shares fall more than 12% following earnings report (CNBC)

Palantir reported second-quarter results Monday that showed a loss per share compared with projections for earnings, but the company beat revenue ...

Palantir reported second-quarter results before the bell Monday that showed a loss per share compared with projections for earnings, but the company beat analysts' revenue expectations. Palantir's revenue for the quarter increased 26% year over year, and its commercial revenue grew 46%. The software company, which is known for its work with the government, said its commercial customer count increased 250% year over year, growing from 34 customers to 119. - Palantir reported second-quarter results Monday that showed a loss per share compared with projections for earnings, but the company beat revenue expectations.

Palantir Outlook Misses Estimates. The Stock Tumbles. (Barron's)

Palantir's second-quarter results top guidance, but the company's disappointing forecast for the rest of the year weighs on the stock.

(ticker: PLTR) posted revenue of $473 million, up 26% from a year ago, and ahead of both the company’s target of $470 million and analysts’ consensus of $466 million. Palantir Palantir Technologies

Palantir Earnings Preview: What to expect from PLTR's second ... (FXStreet)

Palantir stock is set to report earnings on Monday before the market opens. · PLTR is a former retail favourite but has slumped as the retail army suffers.

PLTR has had eight straight up days in a row and is up from $6.44 to $11.45 from the last earnings report to this. In my view, the stock is set up for a risk-reward trade to the downside. PLTR has had eight straight up days in a row and is up from $6.44 to $11.45 from the last earnings report to this. Currently, the consensus for Q2 earnings is for EPS of $0.03 and revenue of $471 million. PLTR stock is also flashing as overbought on the Money Flow Index (MFI) and is close to it on the Relative Strength Index (RSI)". Update: Earnings from Palantir were poor and the stock has reacted accordingly, currently PLTR stock is 15% lower in the premarket.

Palantir Reports Revenue Growth of 26% Y/Y for Q2 2022, US ... (Yahoo Finance)

DENVER, August 08, 2022--Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the second quarter ended June 30, 2022.

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Palantir Q2 Earnings: Devastated By Weak Guidance (Seeking Alpha)

Palantir reported its second quarter earnings, and the market didn't like the revenue guidance. PLTR stock plunged by double digits following ...

But Microsoft is also growing at a slower pace, and its growth potential in relative terms over the coming years is smaller, I believe. The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. That being said, even at the $1.9 billion guidance for the current year, Palantir would still generate revenue growth of 23% this year. Palantir's management argues that this is partially the case of forex headwinds for its non-US business, as shown above, but the timing of government contracts also plays a role, according to Palantir's executives. Operating leverage seems to work just fine, and current trends indicate that Palantir should be able to start earning money on a GAAP basis in the not-too-distant future as long as its revenue continues to grow, which will allow for further tailwinds from operating leverage. That being said, the market chose to focus on Palantir's revenue guidance for the current year, which was weaker than expected - the company now sees revenue coming in at $1.9 billion in 2022, which is comparable to the Q2 run rate. Looking at Palantir's profitability, we see that the company continues to generate losses on a GAAP basis. If Palantir were to repeat the margin improvement at the same level next year, its operating margin would be north of 20%. There are stocks that generate steadily growing revenues and steadily growing losses. When the company closes a deal with a government or commercial customer, it can't recognize all of that deal value immediately. When a car company closes a deal to sell a car, it can recognize all of that revenue immediately. The fact that the US economy is more tech-focused overall, compared to the European economy, for example, likely also plays a role. Revenues actually came in slightly above expectations, with year-over-year growth of 26%, which is weaker than what PLTR has delivered in the past, but which is still a pretty solid growth rate.

Palantir Technologies Inc. (PLTR) Q2 2022 Earnings Call Transcript (Motley Fool)

Contents: Prepared Remarks; Questions and Answers; Call Participants. Prepared Remarks: Unknown speaker. Good morning. Welcome to Palantir's second quarter 2022 ...

And you will buy the product that actually delivers that even if the person who's nominally or is actually in charge is unlikable to you. That's led to a lot of productive collaboration that's brought opportunities within the Five Eyes and the U.S. more broadly, where they're the prime and we -- our software can be a key differentiator to going faster. Of course, I mean -- but we are just in a situation in the West where we have the most interesting, noble and virtuous societies and there is a real dearth in operational leadership. But this will be an ongoing issue for Palantir. We believe the severity of it will be less every year simply because of the strength of the U.S. and later, the handoff function in Europe on our commercial sales. So then if you look at our business, which continues to just -- in America, again, because of this adaptation in America and a willingness to embrace things that didn't make sense two years ago that now makes sense now, that you're looking at a business where the vicissitudes are just less important. What you're seeing in our business now is the largest part of our business is subject to contracting. And so what we're really seeing is America adapting to what we believed five years ago was the product of the future and buying it at like at a very anomalous way and beginning at scale. Thanks, Christopher. Our ambition in the U.S. government and by extension, all of government, is to be the sixth prime contractor. We will do this in the service of the West, which we will fight to help win, rejuvenizing institutions the way we have in the past on numerous fronts. I'm paying attention to where will the company be in two years and what will the products be like in deployment. The contracts we have in our pipeline are key to facing the challenges in front of the West. Our government business grew to $263 million in revenue in Q2, rising 9% quarter over quarter. If you look closely at PG, Foundry, Nexus Peering, MetaConstellation, and Apollo, as different as they are, they have one thing in common: it would take many, many years of the world's best engineers to build them and it would take -- you would be building them as we've improved them and as we capture the market.