Palantir Hits GAAP EPS of $0.03 for Q3, Its Fourth Consecutive Quarter of GAAP Profitability

DENVER, Colo., Nov 2, 2023 ( Palantir Technologies Inc (NYSE: PLTR) reported, this morning, its financial results for the third quarter ended September 30, 2023. Its $72 million in GAAP net income, represents a 13% margin and its $40 million GAAP income from operations, represents a 7% margin. It’s reported four consecutive quarters of GAAP operating profitability and expanding adjusted operating margins.

For Q4 2023, it expects adjusted income from operations of $184 – $188 million.

Palantir Technologies is trading at $15.73, up $0.80 (+5.36%), on 448.9K premarket shares traded.

Its 52-week range is $5.92 to $20.2399.

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