Palantir Stock Soars Over 55% in February on Strong Q4 Earnings Beat and Accelerating Growth
• Palantir beat Q4 earnings expectations, with revenue of $608.4 million topping estimates by $6 million
• Q4 adjusted EPS doubled year-over-year to $0.08 per share
• Revenue grew 20% year-over-year in Q4, accelerating from 17% growth in Q3
• Private sector revenue grew 32% year-over-year, now accounting for 53% of total revenue
• Strong growth in demand for Palantir's AI software indicates growth acceleration may continue