Monday, May 9, 2022

Palantir reports Q1 revenue rose 31% YoY to $446M but forecasts Q2 revenue will be below estimates at $470M, a 25% YoY growth rate; stock drops 16%+ (Chavi Mehta/Reuters)

Chavi Mehta / Reuters:
Palantir reports Q1 revenue rose 31% YoY to $446M but forecasts Q2 revenue will be below estimates at $470M, a 25% YoY growth rate; stock drops 16%+  —  Palantir Technologies Inc (PLTR.N) forecast second-quarter revenue below Wall Street expectations on Monday, indicating slowing sales growth …



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