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Palantir Shares Fell 6.27% Ahead of Monday’s Earnings Report

Palantir Shares Fell 6.27% Ahead of Monday’s Earnings Report

Photo: TokenPost

Palantir Technologies shares fell 6.27% to $184.11 Friday, ahead of the company’s scheduled third-quarter results after the U.S. market close Monday, Nov. 2. A webcast is scheduled for 5 p.m. ET (22:00 UTC). The earnings date was also outlined in an earlier preview of Palantir shares . For the third quarter, Palantir set a revenue range of $2.160 billion to $2.164 billion and an adjusted operating income range of $1.292 billion to $1.296 billion. The forecast follows second-quarter revenue of $1.935 billion, up 93% year over year. U.S. commercial revenue rose 149% to $764 million.

Source: TokenPost

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