Palantir (PLTR) Reports In-Line Q3 EPS, Offers Q4 Guidance
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Palantir Expects 40% Revenue Growth in FY 2021; Q3 US Commercial Revenue up 103% Y/Y
November 9, 2021 7:00 AM ESTDENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced financial results for the third quarter ended September 30, 2021.
Q3 2021 Highlights
Total revenue grew 36% year-over-year to $392 million Added 34 net new customers in Q3 Commercial customer count grew 46% quarter-over-quarter US commercial revenue grew 103% year-over-year Cash flow from operations of $101 million, representing a 26% margin Adjusted free cash flow of $119 million, representing a 30% margin Closed 54 deals of $1 million or more, of which: 33 deals are $5 million or more 18 deals are $10... More