The company’s US commercial revenue soared 93% to $306 million. At the same time, its US government revenue climbed 53% to $426 million, both figures exceeding analyst expectations. Total contract value closed during the quarter was a staggering $2.27 billion, up 140% year-over-year.
Palantir earnings report sees the company raising its full-yearto between $4.14 and $4.15 billion. Hence, reinforcing confidence in continued hypergrowth. The company continues to scale both commercial and government contracts at an accelerated pace.
