Palantir US Commercial Revenue Surpasses Government

Palantir Technologies beat Q3 forecasts with adjusted earnings of 44 cents per share on $2.313 billion revenue, a 96% year-over-year increase. This marks the first quarter where US commercial revenue, reaching $984 million, overtook government sales of $953 million. The company raised its full-year revenue guidance to $8.530 billion to $8.534 billion.