PLTR reports adjusted EPS of $0.41 on $1.94B revenue, exceeding analyst expectations for the quarter.
Palantir Technologies (PLTR) shares climbed 9% in after-hours trading following stronger-than-expected fiscal second-quarter results. The company posted adjusted earnings per share of $0.41 on revenue of $1.94 billion, surpassing market forecasts.
Analysts had anticipated lower earnings and revenue for the quarter, though specific consensus estimates were not disclosed. The AI and big data firm’s performance reflects continued demand for its software and analytics solutions.
The stock’s after-hours gain follows the earnings release, signaling investor confidence in the company’s growth trajectory.