Palantir Beats Expectations And Raises Outlook Amid Strong U.S. Growth

Palantir posted Q3 earnings of $0.21 per share on $1.18 billion in revenue, up 63% year over year and ahead of estimates. U.S. commercial sales surged 121%, driving record growth and a bullish Q4 forecast. CEO Alex Karp called the results “the best any software company has ever delivered.”