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Palantir CEO Alex Karp Says Skeptics Have Been ‘Defanged’ and ‘Bent into Submission’ as Quarterly Revenue Passes $1 Billion

Palantir (PLTR) recently crossed the milestone of 1billioninquarterlyrevenue,ascelebratedbyCEOAlexKarpinhismostrecentlettertoshareholders.Thisisstillonlythebeginningofsomethingmuchlargerand,webelieve,evenmoresignificant,Karpwrote.Thecompanygeneratedmorethan1 billion in quarterly revenue, as celebrated by CEO Alex Karp in his most recent letter to shareholders. “This is still only the beginning of something much larger and, we believe, even more significant,” Karp wrote. The company generated more than 1 billion in revenue for the second quarter, marking a 48% increase over the same period the year before, and reached an annual run rate of over $4 billion. More News from Barchart “The skeptics are admitte ...