Palantir Technologies (PLTR 1.51%) stock is skyrocketing in after-hours trading on Monday following the artificial intelligence (AI)-powered software platforms operator's release of better-than-expected fourth-quarter results and 2025 guidance. The stock is up 22.6% as of this writing at 7:34 p.m.
Palantir Technologies Inc. (NASDAQ:PLTR ) Q4 2024 Earnings Conference Call February 3, 2025 5:00 PM ET Company Participants Ana Soro - Finance Team Ryan Taylor - Chief Revenue Officer and Chief Legal Officer Shyam Sankar - Chief Technology Officer Dave Glazer - Chief Financial Officer Alex Karp - Chief Executive Officer Conference Call Participants Daniel Ives - Wedbush Mariana Perez Mora - Bank of America Ana Soro Good afternoon. I'm Ana Soro from Palantir's Finance Team, and I'd like to welcome you to our Fourth Quarter 2024 Earnings Call.
Palantir Technologies Inc. (PLTR) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.08 per share a year ago.
Palantir Technologies Inc. reported a strong earnings beat, with revenue up 36% YoY and EPS beating estimates by 30%, driving PLTR shares up over 20%. The company closed 129 deals worth at least $1 million in Q4, with commercial contracts intake totaling $803 million, indicating robust future revenue. Management's 2025 guidance forecasts $3.75 billion in revenue and $1.6 billion in free cash flow, suggesting ongoing business growth acceleration.
Palantir's (PLTR) fourth-quarter revenue and outlook for 2025 topped analysts' expectations, sending shares higher in extended trading Monday.
Artificial intelligence (AI) and data analytics specialist Palantir Technologies (PLTR 1.51%) reported fourth-quarter and full-year 2024 earnings on Monday, Feb. 3, that topped analysts' consensus top- and bottom-line estimates. Adjusted EPS reached $0.14, outstripping the $0.11 estimate.
Palantir earnings for the December quarter topped estimates. Full-year 2025 revenue guidance for Palantir stock beat expectations.
Dan Ives, Wedbush, and Brent Thill, Jefferies, join 'Closing Bell Overtime' to talk Palantir earnings after the stock spikes more than 15% in overtime.
Palantir Technologies saw its shares soar over 15% in after-hours trading on Monday after the company posted stronger-than-expected fourth-quarter earnings and revenue, fueled by its expanding artificial intelligence capabilities and growing demand from both government and commercial clients.
Palantir (PLTR) ripped after hours with a strong earnings report and measuring untamed A.I. demand for its guidance.
Palantir Technologies Inc (NYSE:PLTR) reported fourth-quarter revenue that surged 36% year-over-year, driven by strong growth in both its U.S. commercial and government segments, sending shares up more than 14% in after-hours trading.
Palantir bet on software that allows companies to deploy large-language models in a practical sense, and management says that's paying off big time.