Palantir Boosts Its Outlook for 3rd Straight Quarter as AI Demand Drives Record Revenue
1. Palantir exceeded Q3 revenue estimates, posting $1.18 billion. 2. Adjusted earnings per share rose to $0.21, marking significant growth. 3. Commercial revenue surged 121%, with U.S. commercial growth driving expansion. 4. Q4 revenue outlook raised to $1.327-$1.331 billion, third consecutive increase. 5. Palantir shares rose over 5% post-announcement, reflecting strong investor sentiment.