Palantir's Q3 Beats Expectations, Shares Drop
Update: 2025-11-10
Description
Palantir Technologies Q3 earnings surpassed expectations, with revenue of $1.18 billion and adjusted earnings per share of $0.21. Despite this positive news, shares declined. The companys US commercial segment saw rapid expansion, driven by increased adoption of their Artificial Intelligence Platform (AIP) by enterprise clients. Large, organization-wide deals are on the rise, indicating a growing urgency for businesses to integrate AI. Palantir projects $1.33 billion in Q4 revenue, above analyst estimates. The companys focus now shifts to expanding AI deployments and maintaining margin expansion.
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