Palantir Technologies (NASDAQ:PLTR) Beats Expectations in Strong Q3
Update: 2025-11-03
Description
Palantir Technologies delivers impressive Q3 results, with revenue surging over 60% to $1.18 billion, exceeding Wall Street's expectations. Profits also soared, earning $0.21 per share, a 25% increase. The company projects a 11% revenue boost for Q4, reinforcing its momentum. Palantir's quick customer acquisition and cost recovery, along with a strong reputation, support further growth. Despite a slight drop in free cash flow margin, operating margin doubled, positioning Palantir as a major player in the software sector with a market value of nearly $500 billion. As competition intensifies and AI adoption grows, investors and industry observers await Palantir's ability to maintain its growth trajectory.
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