Palantir tops $1 billion in revenue for the first time, boosts guidance

Palantir tops $1 billion in revenue for the first time, boosts guidance

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Palantir tops $1 billion in revenue for the first time, boosts guidance

Summary

Palantir topped Wall Street's estimates and hiked its full-year guidance due to the AI boom. The artificial intelligence...

Palantir topped Wall Street's estimates and hiked its full-year guidance due to the AI boom. The artificial intelligence software provider's revenues grew 48% during the period and hit $1 billion for the first time.

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