Palantir (PLTR) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q Revenues Guidance Above Consensus

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Go back to Palantir (PLTR) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q Revenues Guidance Above Consensus

Palantir Reports 49% Revenue Growth; $117M in Cash Flow from Operations, up $404M Y/Y; and $151M in Adj. Free Cash Flow, up $441M Y/Y for Q1 2021

May 11, 2021 7:00 AM EDT

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced financial results for the first quarter ended March 31, 2021.

Q1 2021 Highlights

Total revenue grew 49% year-over-year to $341 million US commercial revenue grew 72% year-over-year US government revenue grew 83% year-over-year Cash flow from operations of $117 million, up $404 million year-over-year, and representing a 34% margin Adjusted free cash flow of $151 million, up $441 million year-over-year, and representing a 44% margin GAAP net loss per share, diluted of $(0.07) Adjusted earnings per share, diluted of $0.04

Q1 2021... More

Palantir Technologies and the Royal Navy Extend Contracts

May 7, 2021 2:00 AM EDT

LONDON--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) announced today the renewal of its contracts with the United Kingdoms Royal Navy for its Palantir Foundry platform. Palantirs software is used by the Royal Navy across a broad spectrum of areas from strategic workforce planning to supply chain management to the COVID-19 response.

This press release features multimedia. View the full release here:... More