Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Zapata Computing Holdings Inc. (ZPTA)
:ZPTA
Holding ZPTA?
Track your performance easily
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-4.09Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Aug 14, 2024
|% Change Since: -94.44%
|Next Earnings Date:May 15, 2024
Earnings Call Sentiment|Neutral
The earnings call reflects strong momentum in revenue growth, strategic partnerships, and a robust pipeline of opportunities, particularly in the defense and government sectors. However, increased operating costs and a significant net loss are notable challenges.Company Guidance
In the recent earnings call for the second quarter of 2024, Zapata AI provided a comprehensive update on its financial performance and strategic initiatives. The company reported a significant increase in revenue to $2 million, up from $1.43 million in the same quarter last year and $1.22 million in Q1 2024. Gross margins also improved markedly to 36%, compared to 19.7% in the year-ago quarter and 13.6% in Q1 of 2024. This improvement was attributed to increased software license deliveries and the progression of customers along their AI journey. The company's operating costs rose to $8.09 million, driven by higher general and administrative expenses, including one-time fees related to its NASDAQ listing. Zapata AI's pipeline of prospective customer engagements now exceeds $30 million, spread across various verticals such as financial services, insurance, telecom, and defense. The company is optimistic about converting these opportunities into commercial agreements, emphasizing its unique approach to AI with small ensemble models and a focus on industrial applications.Revenue and Gross Margin Growth
Q2 2024 revenue was $2 million, a 40% increase from $1.43 million in Q2 2023. Gross margin improved significantly to 36% from 19.7% in Q2 2023.
Strong Pipeline and Strategic Partnerships
Identified more than $30 million in qualified sales opportunities. Expanded strategic partnerships, including with KPMG, Andretti Global, and D-Wave.
Defense and Government Sector Expansion
Continued success with DARPA and a new Cooperative Research and Development Agreement with the U.S. Special Operations Command.
Scientific and Commercial Solutions Growth
Scientific Solutions business generates revenue and IP, while Commercial Solutions group leverages IP for AI applications in various industries.
---
ZPTA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
ZPTA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Aug 14, 2024 | $0.54 | $0.59 | +9.26% |
| May 15, 2024 | $1.31 | $1.00 | -23.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Zapata Computing Holdings Inc. (ZPTA) report earnings?
Zapata Computing Holdings Inc. (ZPTA) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Zapata Computing Holdings Inc. (ZPTA) earnings time?
Zapata Computing Holdings Inc. (ZPTA) earnings time is at May 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ZPTA EPS forecast?
Currently, no data Available
---