Palantir (PLTR) rises 20% as analysts rush to upgrade stock after strong results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Palantir Reports Its Fifth Consecutive Quarter of GAAP Profitability; Fourth Quarter GAAP EPS of $0.04
February 5, 2024 4:05 PM ESTDENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.
Q4 2023 Highlights
GAAP net income of $93 million, representing a 15% margin Fifth consecutive quarter of GAAP profitability GAAP income from operations of $66 million, representing an 11% margin Fourth consecutive quarter of GAAP operating profitability GAAP earnings per share (EPS) of $0.04 Adjusted EPS of $0.08 Revenue grew 20% year-over-year and 9% quarter-over-quarter to $608 million US commercial highlights US commercial revenue grew... More