Palantir stock slides after earnings spotlight international weakness, ‘irrational’ valuation
From Yahoo Finance: 2025-05-06 08:53:00
Palantir stock dropped 8% premarket as investors raised concerns over valuation and declining international sales, despite Q1 earnings exceeding expectations. Revenue of $884 million surpassed estimates, with US commercial segment driving growth. US commercial revenue rose 71% to $255 million, but international revenue missed estimates, dropping 10% to $142 million. US government sales surged 45% to $373 million. CEO Alex Karp anticipates commercial business to grow 68% this year.
Read more at Yahoo Finance: Palantir stock slides after earnings spotlight international weakness, ‘irrational’ valuation