Positive - Palantir reports strong Q4 earnings with significant growth in sales and contract value

From Zacks Investment Research: 2025-02-04 19:12:14

The 2024 Q4 earnings cycle is positive overall, with Palantir (PLTR) reporting strong results, including $828 million in sales, a 36% YoY increase, and a record-setting $803 million in U.S. commercial total contract value. CEO Alexander Karp cites their deepening position in the AI revolution. Arm Holdings (ARM) is also on the docket this week, expected to see 17% EPS growth on 15% higher sales. Armv9 technology is driving royalty revenue growth for Arm, with analysts expecting continued strength in this area. Palantir’s momentum in AI and Arm’s potential in the high-performance CPU market make both stocks worth watching.



Read more at Zacks Investment Research: Palantir Reports Blowout Earnings: More Upside Ahead? – February 4, 2025