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Palantir had yet another good quarter

By: ssmlee04 Community Lead :))   💬 574   
   Feb 14, 2023

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


PLTR - Palantir Technologies Inc  -6.11% since post
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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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