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Palantir tops $1 billion in revenue for the first time, boosts guidance

Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC.Palantir topped Wall Street's estimates Monday, surpassing 1billioninquarterlyrevenueforthefirsttime,andhikingitsfullyearguidance.Sharesralliedmorethan51 billion in quarterly revenue for the first time, and hiking its full-year guidance.Shares rallied more than 5%.Here's how the company did versus LSEG estimates:Earnings per share: 16 cents adj. vs. 14 cents expectedRevenue: 1.00 billion vs. $940 million ...