The American software company Palantir Technologies (NYSE: PLTR) reported an upside surprise to their Q4 results after the bell last night. In response, the stock jumped almost 20% in the extended trading session on Monday after the firm projects profitability in 2023 boost for investors and beat earnings and revenue estimates for its fourth-quarter results.
Earnings per share: $0.04 vs. $0.03 expected
Revenue: $509 million vs. $505 million expected
Check out the detailed Q4 earnings review here - https://gulfbrokers.com/en/palantir-stock-soars-20-after-surprise-q4-earnings-beat