Satellite imagery venture Planet reports record quarterly revenue to cap strong year
Publishing timestamp: 2023-03-29 16:49:13
Summary
Planet, a satellite imagery and data analysis company, reported a record quarter of revenue, bringing in $53 million in Q4, a 43% increase from the previous year. The company also reported a full-year revenue of $191.3 million, at the top end of its previously projected range. Planet also announced its sixth acquisition, Slovenian satellite data analysis platform Sinergise, to further its access to European markets.
Sentiment: POSITIVE
Tickers: PL,
Keywords: earnings, space industry, business news, business, ashley johnson, technology, the edge, planet labs pbc, breaking news: technology, transportation, aerospace and defense industry, breaking news: business,
Source: https://www.cnbc.com/2023/03/29/planet-pl-q4-results.html