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...
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