-=Palantir Technologies (PLTR) reported earnings on Mon 9 May 22 (b/o)

 

Palantir Technologies misses by $0.02, reports revs in-line; guides Q2 revs below consensus

• Reports Q1 (Mar) earnings of $0.02 per share, $0.02 worse than the S&P Capital IQ Consensus of $0.04; revenues rose 30.8% year/year to $446.36 mln vs the $443.51 mln S&P Capital IQ Consensus.
• Co issues downside guidance for Q2, sees Q2 revs of $470 mln vs. $483.76 mln S&P Capital IQ Consensus.
  • Expects adjusted operating margin of 20%.
• For FY22 expects adj. operating margin of 27%.
• Continues to expect annual revenue growth of 30% of greater through 2025.