Net profit surged nearly four times, full-year guidance raised again! Palantir (PLTR.US) Q1 US business "surged" but commercial sales left regrets.
According to the Wise Finance App, Palantir Technologies (PLTR.US) released its first quarter financial report on Tuesday, showing overall strong performance. Revenue increased by 85% year-on-year to $1.63 billion, marking the highest growth rate since the company went public in 2020. Net profits nearly doubled, and the full-year guidance was significantly raised. However, the commercial sales revenue in the United States fell slightly below expectations, becoming the "shadow" in this financial report. As of the time of writing, the stock fell by 2.53% in after-hours trading.
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