From Financial Modeling Prep: 2025-02-04 09:11:00

Palantir Technologies (NASDAQ:PLTR) reported strong fourth-quarter earnings, with adjusted EPS of $0.14 and revenue of $827.5 million, beating analyst estimates. The company saw a 36% increase in total revenue, driven by high demand for AI solutions. U.S. government revenue grew 45% to $343 million, while commercial revenue rose 64% to $214 million.

Customer acquisition remained robust, with a 43% increase in deals. Palantir closed 129 deals valued at $1 million or more, 58 at $5 million or more, and 32 exceeding $10 million. The company is expanding its market reach and penetration.

Palantir issued a bullish 2025 revenue outlook of $3.741 billion to $3.757 billion, surpassing Wall Street’s forecast. For the first quarter, revenue is expected to be between $858 million and $862 million, well above analysts’ $799.4 million prediction. The news fueled a 22% pre-market rally in the company’s stock.



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