Palantir Technologies Inc (NASDAQ:PLTR) reported upbeat financial results for the fourth quarter after the market close on Monday.
Palantir reported fourth-quarter revenue of $1.41 billion, beating analyst estimates of $1.33 billion. The AI software company reported adjusted earnings of 25 cents per share for the fourth quarter, beating analyst estimates of 23 cents per share, according to Benzinga Pro.
“We are an n of 1, and these numbers prove it,” said Alex Karp, co-founder and CEO of Palantir. “Palantir is alone in choosing to exclusively focus on scaling the operational leverage made possible by the rapid advancements of AI models, a trend that we first called ‘commodity cognition’ well before others started repeating it.”
Palantir expects first-quarter revenue to be in the range of $1.532 billion to $1.536 billion …