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Palantir made about $2.5 billion in revenue over the past 12 months, but is also profitable on a generally accepted accounting principles basis. Still, at 33 times sales , the stock is also ...
The analytics and software management platform for government agencies, the military, and big business soared 340% for the year and sports a market cap of $167 billion as of this writing.
Palantir (NASDAQ: PLTR), a provider of data mining and analytics services, went public via a direct listing on Sept. 30, 2020. Its stock opened at $10 on the first day and soared to $39 during the ...
The unique objectives of government accounting do not preclude the use of the double entry accounting system. There can, however, be other significant differences with private sector accounting practices, especially those that are intended to arrive at a net income result.
Global government spending on Palantir’s products, primarily from the US, rose 40% from the prior year to $408 million in the third quarter, accounting for 56% of the company’s total revenue ...
Moreover, Palantir continues to land massive contracts, such as a recent $37 million contract with the U.S. Special Operations Command and a $100 million contract with the U.S. Army Research ...
Palantir's third-quarter revenue grew 30% year over year to $729 million, which CEO Alex Karp credits to the adoption of AI by U.S. government clients, which made up around 44% ($320 million) of ...
Our U.S. government business revenue growth accelerated to 40% year over year and 15% sequentially, while our U.S. ... with cash from operations of $420 million and adjusted free cash flow of $435 ...