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Palantir shares fall as company reports in-line earnings, lifts full-year guidance - TL;DR CNBC

Palantir shares fall as company reports in-line earnings, lifts full-year guidance

Publishing timestamp: 2025-05-05 20:07:38


Summary

Palantir beat revenue estimates and raised full-year guidance as companies adopt its AI software. CEO Alex Karp highlighted the company's growth in both commercial and government sectors, with revenues growing 39% from the year-ago period. Palantir's stock has defied the broader downtrend in technology stocks, up more than 60% year to date. The company also increased its full-year revenue outlook and adjusted free cash flow outlook.


Sentiment: POSITIVE

Tickers: PLTR

Keywords: palantir technologies incenterpriseearningsdefensebreaking newsbreaking news: technologybusiness newsbreaking news: earningstechnology

Source: https://www.cnbc.com/2025/05/05/palantir-pltr-q1-earnings-report-2025.html


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