Palantir Technologies has reported strong earnings for the first quarter, with revenue of $884 million surpassing analyst expectations of $863 million. Following this success, the company raised its full-year revenue guidance for 2025 to a range of $3.89 billion to $3.902 billion. CEO Alexander C. Karp highlighted Palantir's mission to provide the 'operating system for the modern enterprise' in an AI era. Analysts view Palantir favorably, with Citi lifting its price target and Wedbush noting strong government contract prospects.
Management also raised its full-year 2025 revenue guidance to a range of $3.89 billion to $3.902 billion, with adjusted income from operations expected to be between $1.711 billion and $1.723 billion.
CEO Alexander C. Karp stated, 'We are delivering the operating system for the modern enterprise in the era of [artificial intelligence],' reinforcing the companyâs strong positioning in the AI sector.
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