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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.