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Palantir (PLTR) Shares Fall Despite Strong Q1 Earnings, Raised Guidance: What's Going On?

Benzinga LogoBenzinga3d ago

Palantir (PLTR) Shares Fall Despite Strong Q1 Earnings, Raised Guidance: What's Going On? - Benzinga

Quick Summary:

What To Know: The company reported first-quarter revenue of $883.86 million, topping analyst estimates of $862.83 million, with adjusted earnings of $0.13 per share matching expectations.

Palantir Technologies Inc (NASDAQ:PLTR) shares are down 11.4% to $109.62 this week, despite delivering solid first-quarter results and lifting its full-year outlook.

CEO Alex Karp highlighted growing enterprise adoption of Palantir's AI software, calling the company's progress "unparalleled".

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Palantir (PLTR) Shares Fall Despite Strong Q1 Earnings, Raised Guidance: What's Going On? - Benzinga (Picture 1)

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Article Details

Author / Journalist: Henry Khederian

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 20:20:35 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28478952

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 2 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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