Palantir surging on Q2 revenue, raises 2024 profit guidance

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Analytics software company Palantir Technologies (PLTR) saw its revenues surge by 27% year-over-year in its second quarter earnings, reporting $678.1 million in revenue ($652.8 million expected). Its stock is soaring in after-hours trading on the company's earnings beat and its decision to raise its 2024 revenue guidance.

Market Domination Overtime's Julie Hyman and Josh Lipton sift through Palantir's earnings report and the performance of its individual business segments.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan.