The chip maker delivered what Wall Street was expecting, and more, when it reported fourth-quarter earnings late Wednesday, and yet the stock is falling. Read More...
MarketWatch
Palantir revenue tops expectations but earnings fall short
Palantir Technologies Inc. grew revenue more quickly than anticipated in its latest quarter, though earnings per share fell short of expectations. The software company on Thursday reported a fourth-quarter net loss of $156.2 million, or 8 cents a share, compared with a loss of $148.3 million, or 8 cents a share, in the year-prior quarter. After adjusting for stock-based compensation and other expenses, Palantir earned 2 cents a share, down from 3 cents a share a year earlier, while analysts trac