![]() ![]() I personally think they are sandbagging a bit to blow away consensus down the line, but time will tell how true that is. Upon diving deeper, it would appear most investors were disappointed with the forward forecasts. The stock fell over 12% today on the earnings news. The shock came from the loss per share which totaled $0.08 versus the positive $0.02 consensus. For the fourth quarter, the company posted $322.1 million in revenue for the quarter, which was a beat by 20%. Often we consider 20% being strong, so that makes this look really good. Going forward, analysts are projecting the pace stays heavy at 35%+ per year revenue growth. The missing block is 2020, which we found out today was $1.1 billion. Looking below we can see what is forecasted down the pipe. Pretty cool hey? What Is Driving The Company? The company also provides Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data and allows individual users to integrate and analyze the data they need in one place. government with coronavirus tracking software. More recently, they are providing the U.S. Palantir Gotham combined publicly available flood data with weather information and social vulnerability census data to find the communities in greatest need and resources were deployed appropriately. This was used in the efforts to help those in need in hurricane Florence in 2018. This helps execute real-world responses to threats that have been identified within the platform. Palantir Gotham is a software program that identifies patterns hidden deep within datasets. In short, they build and deploy software platforms for the intelligence community in the USA to assist in counterterrorism investigations and operations. has been around since 2003 and is headquartered in Denver, Colorado. If you are like me, you likely had no idea who this company was or what they did. Next week will tell a better story as to where this stock is headed. The stock is falling leading up to the end of the lock-up period as expected. However, investors were disappointed with just how bright that picture is according to the company. ![]() The company did post incredible revenue growth, and the path forward looks bright as well. ![]() Some investors were expecting the company was expected to release blowout earnings today and fell short of that. One of the hotter stocks as of late is recent Direct Listing, Palantir Technologies Inc. ![]()
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