Palantir Projects Full-Year Revenue to Surpass $1 Billion

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Palantir Technologies expects revenue to top $1 billion this year, as the data analytics company unveils its outlook ahead of its long-anticipated stock listing

Palantir Technologies Inc. expects revenue to top $1 billion this year, as the company unveils its outlook ahead of its long-anticipated stock listing following decades of teasing the market with plans to go public.

The data analytics company projects revenue of around $1.05 billion to $1.06 billion this year, a more than 41% increase from the year before. In the third quarter, it expects revenue to rise about 47%, to around $278 million to $280 million from the comparable period a year earlier. The company’s collections in...

 

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profgalloway at what cost

That’s it? Where’s the growth going to come from, there’s only so much intelligence sector to go around

Losing over half billion is a massive problem

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Palantir says in updated filing it expects 42% revenue growth this year to $1.06 billionPalantir said on Tuesday that it will surpass $1 billion in sales this year and generate $121 million in adjusted operating income.
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