Palantir quarterly revenue hits $1.2B, though shares dip in after-hours trading
Update: 2025-11-04
Description
Palantir Technologies stuns Wall Street with impressive Q3 earnings, marking a 63% surge in revenue to $1.2 billion, outpacing expectations. The company's U.S. commercial business soars, with revenue nearly doubling to $400 million. CEO Alex Karp praises the results, likening them to Silicon Valley startup growth rates. Karp also addresses political topics and critics in his earnings call and shareholder letter, sparking conversation and controversy.
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