SPY424.31+0.70 0.17%
DIA345.12+0.14 0.04%
IXIC14,069.42+49.09 0.35%

BRIEF-Palantir Reports 49% Revenue Growth In Q1

05/11/2021 09:03
BRIEF-Palantir Reports 49% Revenue Growth In Q1

- Palantir Technologies Inc PLTR.N:

  • PALANTIR REPORTS 49% REVENUE GROWTH; $117M IN CASH FLOW FROM OPERATIONS, UP $404M Y/Y; AND $151M IN ADJUSTED. FREE CASH FLOW, UP $441M Y/Y FOR Q1 2021

  • Q1 GAAP LOSS PER SHARE $0.07

  • Q1 EARNINGS PER SHARE ESTIMATE $0.04 -- REFINITIV IBES DATA

  • Q1 ADJUSTED EARNINGS PER SHARE $0.04

  • QTRLY TOTAL REVENUE GREW 49% YEAR-OVER-YEAR TO $341 MILLION

  • SEES FY ADJUSTED FREE CASH FLOW IN EXCESS OF $150 MILLION.

  • CONTINUE TO EXPECT ANNUAL REVENUE GROWTH OF 30% OR GREATER FOR 2021 THROUGH 2025

  • SEES $360 MILLION IN REVENUE IN Q2

  • SEES ADJUSTED OPERATING MARGIN OF 23% IN Q2

  • Q2 REVENUE VIEW $344.3 MILLION -- REFINITIV IBES DATA

  • Q1 REVENUE VIEW $332.2 MILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:nBw2SxGK3a

Further company coverage: PLTR.N


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