AI Inflection Point Makes Palantir A Strong Buy
PLTRPalantir Technologies(PLTR) Seeking Alpha·2024-08-07 06:11
da-kuk Palantir (NYSE:PLTR) submitted a much better than expected earnings scorecard for the second fiscal quarter on Monday that showed solid top-line momentum and a significant amount of net customer additions, driven by AIP adoption. The software analytics company also raised its outlook for FY 2024 revenues, the second time this year, and posted its highest GAAP profit ever in Palantir’s history. The U.S. commercial segment once again saw strong traction and the company’s free cash flow is growing r ...