Palantir (PLTR) Tops Q2 EPS by 1c, Offers Guidance

Palantir (NYSE: PLTR) reported Q2 EPS of $0.04, $0.01 better than the analyst estimate of $0.03. Revenue for the quarter came in at $376 million versus the consensus estimate of $353.23 million.

GUIDANCE:

Palantir sees Q3 2021 revenue of $385 million, versus the consensus of $376.4 million.

For Q3 2021, we expect:

• $385 million in revenue.
• Adjusted operating margin of 22%.

For full year 2021, we are raising our outlook for:

• Adjusted free cash flow to in excess of $300 million, up from in excess of $150 million.
• Per long-term guidance policy, as provided by our Chief Executive Officer, Alex Karp, we continue to expect:
• Annual revenue growth of 30% or greater for 2021 through 2025.

For earnings history and earnings-related data on Palantir (PLTR) click here.

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