Palantir shares rise 4.6% after-hours as quarterly revenue tops $1bn for the first time

Palantir shares rise 4.6% after-hours as quarterly revenue tops $1bn for the first time

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Palantir shares rise 4.6% after-hours as quarterly revenue tops $1bn for the first time

Summary

Palantir Technologies Inc's (NYSE:PLTR) shares jumped 4.6% in after-hours US trading following the company's report of i...

Palantir Technologies Inc's (NYSE:PLTR) shares jumped 4.6% in after-hours US trading following the company's report of its first-ever quarter exceeding $1 billion in revenue. The software firm's earnings and revenue both beat analyst expectations, with adjusted earnings per share of 16 cents and revenue at $1 billion.