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Palantir Q1 Earnings: Revenue Beat And Raise, US Commercial Growth, Continued GAAP Profitability And More

Palantir said first-quarter revenue increased 21% year-over-year to $634 million, which beat the consensus estimate of $625.431 million. Palantir reported adjusted earnings of 8 cents per share, which was in line with analyst estimates. The company has now delivered six straight quarters of GAAP profitability.

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