PLTR - Palantir: Bootcamps Continue To Drive Strong U.S. Sales

2024-05-16 09:19:24 ET

Summary

• Palantir's revenue growth is driven by its commercial segment, which is growing at a faster rate than its governmental segment.
• The U.S. commercial market is experiencing supercharged growth rates, while the growth rate of the U.S. government segment is only slightly above the general governmental revenue growth rate.
• Bootcamps have been successful in driving customer conversions and accelerating the monetization process, leading to significant growth in the U.S. commercial segment.

Palantir Technologies Inc. ( PLTR ) reported quarterly earnings a few days ago. A great time to reflect on my view that the company's growth trajectory has changed for the better and because its products that were already great are now sold through a much more effective marketing tactic (Bootcamps). See my previous write-up , which delves into these bootcamps more deeply. The recent trend has been for the U.S. commercial sector growing tremendously, while Europe has disappointed and the U.S. government business is solid but can't keep up with the stellar commercial numbers....

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