Palantir Technologies Expects Q4 Revenue of $599M-$603M Vs. $599.25M
Portfolio Pulse from Benzinga Newsdesk
Palantir Technologies has projected its Q4 2023 revenue to be between $599M and $603M, with an adjusted income from operations of $184M to $188M. The company also expects GAAP net income.
November 02, 2023 | 11:04 am
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Palantir's Q4 2023 revenue forecast is in line with expectations, which could stabilize the stock. The company also expects GAAP net income, indicating profitability.
Palantir's revenue forecast is in line with market expectations, which could prevent any major swings in the stock price. The expectation of GAAP net income is a positive sign of profitability, which could attract investors. However, the actual impact will depend on the final reported figures and market conditions at the time.
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