BUZZ-Palantir surges as AI drives robust annual, Q1 revenue forecasts
Reuters02-04
BUZZ-Palantir surges as AI drives robust annual, Q1 revenue forecasts** Shares of data analytics firm Palantir Technologies PLTR.O rise 12.2% to $94 in extended trading
** Co expects fiscal 2025 revenue between $3.74 billion and $3.76 billion vs estimates of $3.52 billion — LSEG
** PLTR forecasts Q1 revenue between $858 million and $862 million vs estimates of $799.4 million
** On an adjusted basis, PLTR earned 14 cents per share in Q4, beating estimates of 11 cents
** PLTR's shares rose ~340.5% in 2024, benefiting from a rally in AI-linked stocks
(Reporting by Arsheeya Bajwa in Bengaluru)
((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800))
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