Palantir Just Hit $1 Billion in Quarterly Revenue. Here's How It Compares With the Magnificent Seven.

Palantir (NASDAQ: PLTR) has given shareholders plenty to celebrate once again.The high-flying data analytics company blew away expectations for the second quarter. Its revenue growth accelerated, this time coming in at 48%, topping the $1 billion mark for the first time. That was well ahead of the analyst consensus at $939.5 million. U.S. revenue growth was exceptionally strong at 68%, reaching $733 million as both the federal government and private sector embrace Palantir's artificial intelligence (AI) platform. The company also closed $2.27 billion in total contract value, up 140%, showing that there's a long runway of growth ahead.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool