facebook pixel
@PalantirTech
Palantir reports Q3 2024 revenue growth of 30% y/y, U.S. revenue growth of 44% y/y, GAAP EPS of $0.06; raises full year guidance on revenue, U.S. comm revenue, AFCF and adj. op. income well above consensus estimates on “AI demand that won’t slow down.” U.S. commercial revenue grew 54% y/y and 13% q/q and U.S. government revenue grew 40% y/y and 15% q/q. We generated an adjusted operating margin of 38%, increasing our Rule of 40 score to 68% in Q3 2024. We also generated $1 billion in adjusted free cash flow on a trailing twelve month basis, with $435 million (60% margin) in Q3 2024. Our GAAP EPS of $0.06 in Q3 2024 outperformed analyst estimates by 50%. For FY 2024, we now expect revenue of $2,805 - $2,809 million, $42 - $50 million above analyst estimates of $2,759 - $2,763 million. #PLTR #Palantir #AIP

 2.1k

 369

 99

 285.9k

Credits
    Tags, Events, and Projects
    • palantir
    • pltr
    • aip