Palantir Technologies Inc.Blowout Q2 earnings beat by 46%, revenue up 92.8%, raised guidance
Palantir reported second-quarter earnings that beat estimates by 46 percent, while SpaceX continues to digest its June IPO and faces lock-up expiration risks. Palantir posted earnings per share of 41 cents versus the 28 cents expected, with revenue surging 92.8 percent year-over-year to 1.935 billion dollars and free cash flow reaching 1.22 billion dollars. The company raised its full-year revenue guidance to between 8.150 and 8.158 billion dollars and guided free cash flow toward 4.5 to 4.7 billion dollars. In contrast, SpaceX has not disclosed comparable financials, its stock fell 29.3 percent over the past month to 114.53 dollars, and prediction markets assign only a 34.5 percent probability to an earnings beat. Polymarket gives Palantir a 99 percent chance of reaching 132 dollars in August, while traders see just a 57.5 percent chance that SpaceX finishes the month above 110 dollars.
Palantir Technologies Inc.Blowout Q2 earnings beat by 46%, revenue up 92.8%, raised guidance
Space Exploration Technologies Corp. Class A Common StockStock fell 29.3% over past month, lock-up expiration risks, low probability of earnings beat
NVIDIA Corporation