Palantir Technologies Inc. Earnings Report (Q3 2021)

Palantir has reported its Q3 results for 2021, which are stronger than expected.
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Palantir has exceeded expectations for Q3 2021 and posted some overall strong results, including predictions for further strong growth next quarter.

  • Q3 2021 Revenue: $392 million, up 36% year over year and higher than expected.
  • Added 34 new net customers in Q3 2021.
  • Cash flow from operations of $101 million.
  • Earnings per share (EPS) came in at $0.04.

The company is still loss making, with losses reported in Q3 of $102.1 million.

Palantir expects to grow revenue by 40% or $1.5 billion in the next quarter.

Palantir Technologies Inc stock is up around 10.16% since the start of 2021 and down around 2.16% in premarket trading today.

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