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.
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