Palantir shares fall as company reports in-line earnings, lifts full-year guidance

Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. Palantir boosted its revenue guidance Monday and reported earnings that met expectations as the artificial intelligence software company saw its shares fall about 9% after the bell. Here's how the company did compared with LSEG consensus estimates: Earnings per share: 13 cents adjusted vs. 13 cents expected 13 cents adjusted vs. 13 cents expected Revenue: $884 million vs. $863 million expected "We are delivering the operating system for the modern enterprise in the era of AI," CEO Alex Karp wrote in an earnings release Monday, adding that the company is in the "middle of a tectonic shift in the adoption" of its software. The defense technology company said that its commercial revenues grew 71% from a year ago to $255 million, while its government segment sales jumped 45% to $373 million. The company is forecasting that U.S. commerc ... Read full article.