News Score: Score the News, Sort the News, Rewrite the Headlines

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

Palantir topped Wall Street's estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance.Shares rallied more than 5%.Here's how the company did versus LSEG estimates:Earnings per share: 16 cents adj. vs. 14 cents expectedRevenue: $1.00 billion vs. $940 million expectedThe artificial intelligence software provider's revenues grew 48% during the period. Analysts hadn't expected the $1 billion revenue benchmark from the Denver-based company un...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines