Commercial beats government for first time

Palantir's US commercial revenue rose 148% year-on-year to nine hundred eighty-four million dollars in Q3, exceeding US government revenue of nine hundred fifty-three million dollars for the first time.

Total revenue beats expectations

Total revenue rose 96% to two point three one billion dollars, the first quarter above two billion dollars. Analysts had expected two point one eight billion dollars according to LSEG estimates reported by CNBC.

Earnings and profit surge

Adjusted earnings of forty-four cents a share beat the forty-one cents analysts expected. Net income more than doubled to one point one three billion dollars, or forty-four cents a share, from four hundred seventy-six million…

Karp claims unprecedented software results

Chief executive Alex Karp told CNBC: "I don't believe anyone's had consistent results like this in the history of software AI, ever." He also said the business is succeeding without salespeople.

“I don't believe anyone's had consistent results like this in the history of software AI, ever.”

Palantir raises full-year forecast

Palantir raised its full-year revenue forecast to between eight point five three billion and eight point five three four billion dollars, growth of 91%.