Palantir Beats Wall Street
Nov 3, 2026
It's Benzinga, bringing Wall Street to Main Street.
Palantir Technologies beat Wall Street's third quarter expectations
and raised its full year revenue outlook, according to Benzinga.
The AI software company reported adjusted earnings
of 44 cents per share,
topping estimates of 41 cents.
Revenue surged 96% to $2.31 billion,
exceeding expectations of $2.18 billion.
U.S. commercial revenue jumped 148%,
while government revenue increased 96%.
Palantir closed 212 deals worth more
than $1 million during the quarter.
The company now expects full-year revenue between $8.53 billion
and $8.534 billion, above its previous forecast.
Palantir also raised its fourth quarter
revenue outlook above analyst estimates.
Shares gained nearly 1.6% in after-hours trading Monday,
according to Benzinga Pro.
For all things money, visit Benzinga.com.