Palantir shares kept climbing on Aug. 4, with gains widening to 21%, according to market data from BIT (bit.com). The move followed the company’s latest earnings report, released after the previous trading session, which showed second-quarter revenue rising 93% year over year to $1.94 billion. Net profit came in at $1.06 billion. Palantir also sharply raised its full-year guidance, adding to the momentum in the stock. The report and the market reaction were cited by BlockBeats in a short market update.
Palantir (PLTR.N) continued to move higher on Aug. 4, with its gain expanding to 21%, according to market data from BIT (bit.com).
The stock’s advance came after Palantir’s latest earnings report, released after the previous trading session. The company said second-quarter revenue rose 93% from a year earlier to $1.94 billion, while net profit reached $1.06 billion. It also sharply lifted its full-year guidance.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
