Palantir shares are trading higher after the company reported better-than-expected Q3 financial results and raised FY23 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Palantir's Q3 financial results exceeded expectations, leading to a rise in its share prices. The company also increased its revenue guidance for FY23.
November 02, 2023 | 1:27 pm
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Palantir's better-than-expected Q3 results and raised FY23 revenue guidance have led to a rise in its share prices.
Palantir's Q3 results surpassed expectations, which is a positive signal to investors about the company's performance. Additionally, the raised revenue guidance for FY23 indicates the company's confidence in its future performance, which can further boost investor sentiment and drive up the stock price.
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