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Alex Karp, Chief Executive Director of Palantir Technologies Inc., speaks during the AIPcon conference in half -Alto, California, USA, March 13, 2025.
David Paul Morris | Bloomberg | Gets the image
Tippin Increasing the Recommendations on Monday’s income and reported a profit that meant expectations as Artificial intelligence The software company saw that its shares were falling by about 9%after the bell.
Here’s how the company made a comparison with the LSEG consensus estimate:
“We supply the operating system for a modern enterprise in the era AI“CEO Alex Carp He wrote in a profit release on Monday, adding that the company is in the “middle of the tectonic shift in accepting” its software.
A Defense technology The company said its commercial income increased 71% a year ago to $ 255 million, and the sales of the state segment jumped by 45% to $ 373 million. The company predicts that this year’s commercial income in the US will reach $ 1,178 billion.
Carp attributed the growth of the public sector to the greater US Defense Accepting the sector of its instruments. He said the demand for large linguistic models and software that supports it “turned into a stamp” and “Raven adoption whirlwind”.
The revenue of the tippets increased by 39% from $ 634.3 million a year. Net income rose to approximately $ 214 million, or 8 cents per share, compared to $ 105.5 million, or $ 4 cents per quarter. The tipper said the US revenue jumped 55% to $ 628 million.
The company, which provides AI software and technological solutions for governments and corporations, has also been a full -year revenue forecast to $ 3.89 billion and 3.90 billion. During it Last report on incomeThe tipper predicted that the revenues from the full year would amount to $ 3.74 billion and $ 3.76 billion. The company expects that the revenues are from 934 to 938 million in the current quarter.
“We believe Letter to shareholderscalling the growth of the company “unmatched”. He too quotes President Richard Nixon And the New Testament.
Palantir’s stocks have A wide trend of 2025 is not amenable in technological actions. This year’s shares increased by 64%, which will use its key contracts for the defense and efforts of President Donald Trump to cut federal costs with Elon Musk-Rly Department of Government Efficiency. The tipper is also the best performer in the S&P 500.
The company has also increased its adjusted free cash flow for the year to 1.6 billion to $ 1.8 billion. It is expected that the adjusted profit for operations will be from 1.711 to $ 1.723 billion.
The tipper said he had closed $ 139 totaling at least $ 1 million for the period, $ 51 exceeded at least $ 5 million. The tipper said 31 transactions exceeded $ 10 million.
See: The tipper meets the expectations of profits, beaten profits