Palance (PLTR) Q4 save 2024

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Alex Carp, Palant Technologies Inc. CEO of Palo Alto during Bloomberg Technology, USA, on March 7, 2024 in Palo Alto, television interview during the US interview.

David Paul Morris | Bloomberg | Getty pictures

Palatitarian The stakes, the program company, after the fourth quarterly earnings and income, increased by 21% after the surplus of Wall Street’s assessments.

Here’s how the Palantir was against the assessments of analysts questioned by LSEG:

  • Earnings on a share: 14 kopecks, adjustable 11 kopecks are expected
  • Income: $ 828 million and $ 776 million is expected

Along with the beat of the fourth quarter, the pund offered better guidance than expected. The company expects $ 858 million and between $ 862 million, between $ 862 million and $ 862 million worth $ 799 million. Palance for the full year forecasts $ 3.76 billion for $ 3.76 billion, $ 3.52 billion forecasts for $ 3.76 billion.

Palant is a key provider for software and technology services for protection agencies. CEO Alex Carp, most of the company’s use of artificial intelligence.

“Our work results continue to show the deepening position in the center of the AI ​​revolution,” Karap said, “Karap said. “Our early concepts related to the application of a large language models have been developed from theory.”

In the quarter, the income increased by 36%, increased by $ 608.4 million a year ago. Sales for full year increased by 29%. Karp said that the company was “unlike anything previously” in a letter to the company’s commercial and government segments

During the period, a panel of commercial income of the United States has increased by 64% to $ 214% since one year, the US government rose from 45% to $ 343 million a year. The company said that 54% of the United States commercial sales will increase to $ 1.08 billion in 2025.

“In the first stages, we are the beginning of a revolution in the beginning of the first action, for years and decades,” Karp added that the company has been preparing for more than twenty years. “

The results followed by a massive rally in the shareholder of the Palpan of Palphars, which increased by 340% in 2024. Company joined both S & P 500 And Nasdaq 100 last year.

Palance has benefited from the boom in the generative EU after the release of Openai Chatgpt in late 2022. In one Report with CNBC Last week, Karap claimed that the entry was led by the transformation of American companies and the United States was the “main goal”.

Karp responded last week earlier recent concerns that have become weaker than financial markets in pre-financial markets and the fears associated with Hefti spending megachats.

“Technology is essentially good,” he said CNBC’s Sarah Eisen in the interview. “We must admit it, but it should work harder, run faster, we need to make an effort.”

Follow: CNBC’s Palandan CEO Alex Carp report

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