Shares of Palantir pop as it reports first profitable quarter
Publishing timestamp: 2023-02-13 17:51:52
Summary
Palantir reported its first quarter of positive GAAP income at $31 million and beat analysts' estimates on top and bottom lines. CEO Alex Karp said the result is a "significant moment" for the company and its supporters. Palantir expects to generate profit for the current fiscal year, which would mark its first profitable year in history.
Sentiment: POSITIVE
Tickers: PLTR,
Keywords: enterprise, palantir technologies inc, internet, breaking news: technology, technology, united states, business news,
Source: https://www.cnbc.com/2023/02/13/palantir-q4-earnings-2022.html