Palantir Shares Fall 7% After Q3 Revenue Beat and Higher Guidance
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Palantir Technologies shares fell 7% in premarket trading Tuesday to $165.86 at 6:04 a.m. ET (11:04 UTC), despite a quarterly revenue beat and a higher full-year outlook. That put the stock below Monday’s $178.34 close. Revenue for the quarter ended Sept. 30 was $2.313 billion, up 96% from a year earlier and above the $2.18 billion analyst estimate. Adjusted earnings were 44 cents per share, topping the 41-cent estimate. Palantir raised its 2026 revenue forecast to $8.530 billion-$8.534 billion, from $8.150 billion-$8.158 billion in its August outlook. William Blair analysts pointed to slower U.S.
Source: TokenPost
