Software firm Palantir boosts revenue view on commercial strength

By Chavi Mehta

Technology
Thursday, 17 Feb 2022
7:11 PM MYT

Related News

Technology 19 Jun 2025

Apple eyes using AI to design its chips, technology executive says

Myanmar 16 Jun 2025

Myanmar and China discuss cooperation in science and technology development

Markets 16 Jun 2025

Valet Technology eyes 1Q26 listing on ACE Market

FILE PHOTO: The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland January 22, 2020. REUTERS/Arnd Wiegmann/File Photo/File Photo/File Photo

(Reuters) - Palantir Technologies forecast current-quarter sales above estimates on Thursday, after a steady flow of government contracts and a growing commercial portfolio boosted the data analytics software firm's fourth-quarter revenue.

Known for its work with the U.S. Army, the Central Intelligence Agency and other government bodies, Palantir's next leg of growth is widely expected to come from commercial contracts with large businesses.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

~~RM13.90/month~~
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

~~RM12.33/month~~
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Topic:

Technology

Is this article useful?

Report a mistake

What is the issue about?

Spelling and grammatical error

Factually incorrect

Story is irrelevant

Email (optional)

Thank you for your report!

Next In Tech News

Music streaming is much more polluting than we imagine

Bitcoin falls 4% to $99,237

Texas enacts robotaxi rules on the eve of Tesla's Austin rollout

Opinion: More questions about the end of Windows 10 and third-party patching

'Dopamine detox': Why it pays to put your phone away

Phone users being bombarded by scamming 'onslaught,' survey finds

Kung Fu’s kinetic action meets the beautiful game

Pope Leo urges politicians to respond to challenges posed by AI

Apple executives held internal talks about buying Perplexity, Bloomberg News reports

Europeans seek 'digital sovereignty' as US tech firms embrace Trump

Others Also Read

South Korean artiste DJ Soda shares hair loss nightmare after bleaching mishap: 'I had to shave my head'

Entertainment23m ago

Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HUBLINE	0.040	0.040	0.040	0.040	-0.005	-11.11	152,676
MYEG	0.895	0.900	0.880	0.890	-0.015	-1.66	117,286
MUIIND	0.050	0.050	0.050	0.050	-0.005	-9.09	80,479
YTLPOWR-HG	0.010	0.010	0.010	0.010	0.000	0.00	62,089
HIBISCS	1.800	1.820	1.780	1.790	0.080	4.68	59,084
SFPTECH	0.210	0.210	0.200	0.205	-0.005	-2.38	52,374
MAGMA	0.470	0.480	0.465	0.475	0.005	1.06	51,462
ARMADA	0.480	0.485	0.470	0.470	0.000	0.00	49,359
VELESTO	0.185	0.190	0.185	0.185	0.005	2.78	47,522
AIZO	0.080	0.080	0.080	0.080	0.000	0.00	44,131
GAMUDA-C2X	0.005	0.005	0.005	0.005	-0.005	-50.00	39,639
ECOSHOP-CJ	0.090	0.090	0.090	0.090	-0.005	-5.26	39,000
HM	0.175	0.180	0.175	0.175	0.000	0.00	37,381
ASTRO	0.160	0.160	0.150	0.155	-0.005	-3.13	36,507
GENTINGC3N	0.035	0.035	0.035	0.035	0.000	0.00	32,610

Software firm Palantir boosts revenue view on commercial strength