Palantir Technologies Inc. (NASDAQ:PLTR) will release earnings results for the second quarter, after the closing bell on Monday, Aug. 4.
Analysts expect the Denver, Colorado-based company to report quarterly earnings at 14 cents per share, up from 9 cents per share in the year-ago period. Palantir Technologies projects to report quarterly revenue at $939.47 million, compared to $678.13 million a year earlier, according to data from Benzinga Pro.
Palantir recently secured a major victory with the U.S. Army’s new Enterprise Agreement that establishes a comprehensive framework for the Army’s future software and data needs. The 10-year contract, valued at up to $10 billion, represents the maximum potential value rather than guaranteed obligations.
Palantir Technologies shares fell 2.6% to close at $154.27 on Friday.
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