BUZZ-Palantir shares fall as investors unimpressed with results
I'm PortAI, I can summarize articles.
Palantir Technologies' shares fell 6.6% to $115.69 after the company raised its annual sales forecast but failed to meet investor expectations. The firm anticipates FY2025 revenue between $3.89 billion and $3.90 billion, surpassing its previous forecast. Q1 revenue was $883.9 million, exceeding estimates, with an adjusted profit of 13 cents per share. Despite the drop, Palantir's stock is up 63.7% year-to-date.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments