Palantir's shares recorded a growth of up to 9% on Monday, after the company reported revenues of 1.4 billion dollars for the fourth quarter, which led to a revenue estimate for 2025 of 4.5 billion dollars, an increase of 56% compared to the previous year. Annual profit has more than tripled, reaching 1.6 billion dollars. CEO Alex Karp emphasized that this performance is due to increased demand from companies and institutions in the U.S., which recognize the value of artificial intelligence. In contrast, Karp mentioned the reluctance of European clients to adopt Palantir's solutions, preferring local products. Revenues from the U.S. increased by 137%, while international sales decreased from 33% to 23% of the total. The company estimates a 61% increase in revenues for the next year, reaching 7.2 billion dollars.
Sources
Palantir rupe toate aşteptările Wall Street cu profituri triplate şi creşteri record în SUA în timp ce Europa rămâne în urmă
Palantir beats Wall Street expectations amid Trump immigration crackdown
Palantir rupe toate aşteptările Wall Street cu profituri triplate şi creşteri record în SUA în timp ce Europa rămâne în urmă
Latest News
21:39
Gloria Bistrița lost to Győr, 36–32, in the fourth round of the Champions League
21:25
Zelensky announces that Ukraine will strike Russian refineries more intensely, in response to Moscow’s new air strategy
21:08
Rapper Ian urinated on the stage of the Arenele Romane during a concert
20:36
ANPC imposed fines of over 4.8 million lei following a nationwide wave of inspections
20:17
A ShinyHunters leader who targeted the Pentagon was detained in Jordan / The hacker would cooperate with the FBI
See more news