Palantir beat Wall Street expectations in the fourth quarter thanks to robust demand for its AI solutions.
Credit: Alamy Stock Photo
Palantir Technologies recorded 20% annual sales growth in the fourth quarter that beat Wall Street’s expectations on the back of robust demand for its artificial intelligence platform (AIP). Revenue rose to $608.4 million from $508.6 million a year earlier, while net income increased to $93.4...
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AI Demand Drives Palantir’s 20% Q4 YoY Sales Growth is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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