Jobs & EconomyPartially correct
“For full year 2024: We are raising our revenue guidance to between $2.805 – $2.809 billion. We are raising our U.S. commercial revenue guidance to in excess of $687 million, representing a growth rate of at least 50%... And we continue to expect GAAP operating income and net income in each quarter of this year. (Karp on the call: 'A juggernaut is emerging... This is the software century, and we intend to take the entire market,' driven by 'unrelenting AI demand that won't slow down.')”
Said Nov 4, 2024Deadline Dec 31, 2024Palantir Q3 2024 earnings press release (SEC Form 8-K, Exhibit 99.1), November 4, 2024
Palantir over-delivered rather than hit the range: FY2024 revenue was $2.87 billion (above the raised $2.805–2.809B range), US commercial revenue reached $702 million (+54%, above the >$687M / 50% floor), and GAAP operating and net income were positive in every quarter.