Palantir Technologies (NYSE:PLTR) reported its Q1 earnings results on Monday, May 9, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Palantir Technologies missed estimated earnings by 50.0%, reporting an EPS of $0.02 versus an estimate of $0.04.
Revenue was up $105.12 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 6.37% drop in the share price the next day.
Here's a look at Palantir Technologies's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.04 | 0.03 | 0.04 |
| EPS Actual | 0.02 | 0.04 | 0.04 | 0.04 |
| Revenue Estimate | 417.69M | 385.02M | 353.23M | 332.23M |
| Revenue Actual | 432.87M | 392.15M | 375.64M | 341.23M |
To track all earnings releases for Palantir Technologies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
