Palantir had yet another good quarter
A few years from now people would ask why was it traded at $6 in 2022.
A few years from now people will ask why did a company like Palantir that is deeply involved in world military ops gets valued at $6 a share. Betting on Palantir's stock to go south of $6 is like to betting that the US will eventually lose control of its military dominance.
Business Highlights
- GAAP net income profitability for the first time.
- 261 deals closed, up +20% Y/Y from 217 a year ago.
- Customer count increased +55% Y/Y to 367, up from 237 a year ago.
$pltr
source: https://investors.palantir.com/files/Palantir%20FY%202022%20Business%20Update.pdf
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Hi, I'm Shih-Min. I am a software engineer that deals with highly-scalable, distributed and fault-tolerant systems.
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