Palantir Technologies Reports Strong Q3 2024 Revenue Surge
Company Announcements

Palantir Technologies Reports Strong Q3 2024 Revenue Surge

Palantir Technologies ( (PLTR) ) has provided an announcement.

Palantir Technologies reported a stellar third quarter in 2024, driven by surging AI demand, with U.S. revenue jumping 44% year-over-year. The company’s total revenue climbed 30% year-over-year to $726 million, boosted by strong performance in both commercial and government sectors. Palantir’s CEO highlighted the transformative impact of AI, positioning the company as a key player in the AI revolution. With solid financial metrics and raised guidance, Palantir is set to maintain its momentum in the expanding AI market.

See more insights into PLTR stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyPalantir reports Q3 EPS 10c, consensus 9c
TheFlyPalantir sees Q4 revenue $767M-$771M, consensus $741.4M
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App