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Barrons
Palantir Stock Soars After Reporting Its First Profitable Quarter

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https://www.barrons.com/articles/palantir-earnings-stock-price-7d996fd1

 * Technology
 * Earnings Report


PALANTIR STOCK SOARS AFTER REPORTING ITS FIRST PROFITABLE QUARTER

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--------------------------------------------------------------------------------

By
Eric J. Savitz
Updated Feb. 14, 2023 8:38 am ET / Original Feb. 13, 2023 4:10 pm ET
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Palantir Technologies shares are soaring after the company posted
better-than-expected results for the fourth quarter, including its first-ever
GAAP profit.

The data-analytics software company expects to stay in the black in 2023, as it
tightens spending. Palantir (ticker: PLTR) said it is reaching sustained GAAP
profitability about two years ahead of its internal expectations.

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PALANTIR STOCK SOARS AFTER REPORTING ITS FIRST PROFITABLE QUARTER

Palantir Technologies shares are soaring after the company posted
better-than-expected results for the fourth quarter, including its first-ever
GAAP profit.

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