Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools in particular with U.S. commercial customers. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company’s guidance range of $612 million to $616 million and Wall Street’s consensus of $615 million as tracked by FactSet. Adjusted operating income was $226 million, well ahead of Palantir’s forecast of $196 million to $200 million.
Barrons.com