2024-02-07 12:26:24 ET
Summary
- Palantir's Q4 earnings report shows revenue growth and improved profitability, leading to an 18% increase in the stock pre-market.
- US commercial revenue saw significant growth, while government revenues slowed down.
- Catalysts for 2024 include the NHS contract, the potential TITAN contract, and the possibility of S&P inclusion.
Thesis Summary
Palantir Technologies Inc. ( PLTR ) Monday reported Q4 earnings, and the stock is up over 18% pre-market.
There’s plenty to be excited about, with revenue growing at a healthy clip and profitability also showing improvement. However, the guidance for the next quarter was not as optimistic as some would have liked....
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Palantir Q4: This Rally Is Just Getting Started