Palantir tops estimates, boosts fourth-quarter guidance on AI adoption
Update: 2025-11-03
Description
Palantir's Q3 results exceeded expectations, with revenue of $1.18 billion and earnings per share of $0.21. The company's AI software adoption and government partnerships, including a potential $10 billion Army contract, drove growth. Commercial sales also surged, with new partnerships and increased contract values. Palantir's stock price has soared over 170% this year, making it one of the tech world's most valuable names.
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