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Palantir (PLTR) earnings Q4 2021

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Alex Karp, CEO Palantir Technologies arrives in Paris at the Tech for Good Summit on May 15, 2019, France.

Charles Platiau | Reuters

The shares of PalantirThe company’s premarket trading ended on Thursday and the stock fell by as high as 10% reportedFor the fourth quarter, mixed results were reported.

Below are some key numbers

  • Earnings per shareAccording to Refinitiv’s survey of analysts, 2 cents are adjusted for inflation vs 4cents estimates
  • Revenue:According to Refinitiv, $433 Million versus $418 Million Estimated

According to Refinitiv, Palantir expects revenue of $443 million for Q1, while analysts were expecting $439 million. The company expects to see an increase in revenue of at least 30% through 2025.

The quarter’s net loss was $156.19million, which is more than its $148.34million net loss in Q4 2020.

This software company is well-known for its collaboration with the government. It claimed that government revenue grew 26% in the past year and it added 34 net customers during Q4.

The company also stated that 64 transactions were closed in quarters of at least $1 million, with 27 being at least $5m and 19 at least $10m.

Palantir’s commercial operations grew by 34% to $645 Million in 2021. The U.S. Commercial Revenue grew by 102% in the last year, while U.S. Commercial Customer count increased by 4.7x to 80.

The government’s revenue rose 47%, to $897million in 2021.

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