Add as a preferred source on GooglePalantir Shares Fell 6.27% Ahead of Monday’s Earnings Report
Palantir is scheduled to report after U.S. markets close Nov. 2, with a webcast at 5 p.m. ET (22:00 UTC). Its second-quarter revenue rose 93% year over year to $1.935 billion.
Palantir Technologies shares fell 6.27% to $184.11 Friday, ahead of the company’s scheduled third-quarter results after the U.S. market close Monday, Nov. 2.
A webcast is scheduled for 5 p.m. ET (22:00 UTC). The earnings date was also outlined in an earlier preview of Palantir shares.
For the third quarter, Palantir set a revenue range of $2.160 billion to $2.164 billion and an adjusted operating income range of $1.292 billion to $1.296 billion. The forecast follows second-quarter revenue of $1.935 billion, up 93% year over year. U.S. commercial revenue rose 149% to $764 million.
The third-quarter release is the company’s next scheduled update, followed by the webcast Monday evening.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.