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“Palantir stock jumps 19% as AI demand drives revenue beat”

Palantir shares surged more than 19% in after-hours trading on Monday after the company reported fourth-quarter earnings that beat analysts’ expectations for revenue. Full-year guidance for 2024 came roughly in line with Wall Street’s estimates…

Revenue in the fourth quarter increased 20% to $608.4 million from $508.6 million a year earlier. The company reported a net income of $93.4 million, or 4 cents per share, compared with $30.9 million, or 1 cent per share, in the year-ago quarter…”

https://www.cnbc.com/2024/02/05/palantir-pltr-earnings-q4-2023.html

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