(VIANEWS) – The NYSE ended the session with Palantir jumping 10.18% to $26.24 on Wednesday, after five successive sessions in a row of losses. NYSE jumped 0.68% to $17,790.36, following the last session’s downward trend on what was a somewhat positive trend exchanging session today.
Palantir’s last close was $23.81, 8.97% above its 52-week high of $21.85.
About Palantir
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform (AIP) that provides unified access to open-source, self-hosted, and commercial large language models (LLM) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company was incorporated in 2003 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, Palantir has a trailing twelve months EPS of $0.09.
PE Ratio
Palantir has a trailing twelve months price to earnings ratio of 291.5. Meaning, the purchaser of the share is investing $291.5 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.44%.
Sales Growth
Palantir’s sales growth is 18.5% for the present quarter and 17.2% for the next.
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