Latest news with #884
Yahoo
08-05-2025
- Business
- Yahoo
Palantir (PLTR) Falls After In-Line Earnings, Despite Strong AI-Fueled Outlook
Palantir (PLTR, Financials) posted in-line earnings and raised its full-year guidance Monday, but shares slipped in after-hours trading as investors digested its latest results. Revenue rose 39% year over year to $884 million, beating the $863 million consensus, according to LSEG. Adjusted earnings per share were $0.13, matching forecasts. Commercial revenue surged 71% to $255 million, while government contracts brought in $373 million, a 45% jump. U.S. revenue climbed 55% to $628 million. Net income more than doubled to $214 million, or $0.08 per share, from $105.5 million, or $0.04 per share, a year earlier. Palantir closed 139 deals worth at least $1 million each during the quarter, including 31 deals over $10 million. The company raised its full-year revenue forecast to between $3.89 billion and $3.90 billion, up from its earlier range of $3.74 billion to $3.76 billion. It expects Q2 revenue between $934 million and $938 million. Adjusted free cash flow is now projected at $1.6 billion to $1.8 billion, and adjusted operating income is forecast at $1.711 billion to $1.723 billion. CEO Alex Karp said in a shareholder letter that Palantir is undergoing a "tectonic shift" in AI adoption, pointing to rising demand across commercial and defense sectors. Despite the post-earnings dip, Palantir shares have climbed 64% year to date, outperforming most tech peers and topping the S&P 500, partly due to key defense deals and support from the Trump administration's Department of Government Efficiency. Investors will be watching Q2 results and broader AI spending trends for signs of sustained momentum. This article first appeared on GuruFocus.
Yahoo
07-05-2025
- Business
- Yahoo
Palantir (PLTR) Falls After In-Line Earnings, Despite Strong AI-Fueled Outlook
Palantir (PLTR, Financials) posted in-line earnings and raised its full-year guidance Monday, but shares slipped in after-hours trading as investors digested its latest results. Revenue rose 39% year over year to $884 million, beating the $863 million consensus, according to LSEG. Adjusted earnings per share were $0.13, matching forecasts. Commercial revenue surged 71% to $255 million, while government contracts brought in $373 million, a 45% jump. U.S. revenue climbed 55% to $628 million. Net income more than doubled to $214 million, or $0.08 per share, from $105.5 million, or $0.04 per share, a year earlier. Palantir closed 139 deals worth at least $1 million each during the quarter, including 31 deals over $10 million. The company raised its full-year revenue forecast to between $3.89 billion and $3.90 billion, up from its earlier range of $3.74 billion to $3.76 billion. It expects Q2 revenue between $934 million and $938 million. Adjusted free cash flow is now projected at $1.6 billion to $1.8 billion, and adjusted operating income is forecast at $1.711 billion to $1.723 billion. CEO Alex Karp said in a shareholder letter that Palantir is undergoing a "tectonic shift" in AI adoption, pointing to rising demand across commercial and defense sectors. Despite the post-earnings dip, Palantir shares have climbed 64% year to date, outperforming most tech peers and topping the S&P 500, partly due to key defense deals and support from the Trump administration's Department of Government Efficiency. Investors will be watching Q2 results and broader AI spending trends for signs of sustained momentum. This article first appeared on GuruFocus.
The Sun
27-04-2025
- Business
- The Sun
Feng Shui advice leads Penangnite to RM11.88 mil lottery win
A Penang resident recently claimed an impressive RM11.88 million lottery jackpot after following guidance from a feng shui practitioner, according to multiple Malaysian media sources. Magnum4D shared the success story on their official Facebook page, detailing how the fortunate winner had sought feng shui consultation on a friend's recommendation. The consultant provided straightforward advice to the man: be observant of distinctive numbers appearing at relatives' homes. Taking this guidance to heart, the winner selected the numbers 1599, 7711, and 6563 for his lottery entries. During the April 5 draw, two of his chosen numbers—1599 and 6563—were drawn as jackpot winners, resulting in a total prize of RM11,884,465. The winning ticket was purchased at a lottery outlet located in Sungai Puyu, Butterworth, according to reports. Since claiming his prize, the winner has reportedly embraced significant lifestyle changes, including world travel with his spouse, elimination of all outstanding debts, and enjoying what he describes as his dream lifestyle. In their announcement, Magnum 4D encouraged the public to remain vigilant for potential signs of good fortune in their surroundings, suggesting anyone could become the next major prize recipient. The story has prompted numerous social media responses, with several commenters requesting contact information for the successful feng shui master in hopes of replicating the winner's good fortune.
The Sun
27-04-2025
- Business
- The Sun
Feng Shui advice leads Penangite to RM11.88 mil lottery win
A Penang resident recently claimed an impressive RM11.88 million lottery jackpot after following guidance from a feng shui practitioner, according to multiple Malaysian media sources. Magnum4D shared the success story on their official Facebook page, detailing how the fortunate winner had sought feng shui consultation on a friend's recommendation. The consultant provided straightforward advice to the man: be observant of distinctive numbers appearing at relatives' homes. Taking this guidance to heart, the winner selected the numbers 1599, 7711, and 6563 for his lottery entries. During the April 5 draw, two of his chosen numbers—1599 and 6563—were drawn as jackpot winners, resulting in a total prize of RM11,884,465. The winning ticket was purchased at a lottery outlet located in Sungai Puyu, Butterworth, according to reports. Since claiming his prize, the winner has reportedly embraced significant lifestyle changes, including world travel with his spouse, elimination of all outstanding debts, and enjoying what he describes as his dream lifestyle. In their announcement, Magnum 4D encouraged the public to remain vigilant for potential signs of good fortune in their surroundings, suggesting anyone could become the next major prize recipient. The story has prompted numerous social media responses, with several commenters requesting contact information for the successful feng shui master in hopes of replicating the winner's good fortune.
New Straits Times
26-04-2025
- Business
- New Straits Times
Penang man hits RM11.88mil jackpot after feng shui advice
KUALA LUMPUR: A man from Penang struck gold after following advice from a feng shui master, winning over RM11.88 million in the Magnum 4D Jackpot. According to a Facebook post by Magnum 4D, the lucky winner placed his bet for Draw No. 185/25 on April 5 at a betting outlet in Sungai Puyu, Butterworth, Penang. His ticket earned him a total prize of RM11,884,465. The post further explained that the man had been encouraged by a friend to consult a feng shui master in hopes of improving his financial fortune. The master offered a simple yet intriguing piece of advice: "Pay attention to your cousin-in-law's interesting number." Taking the advice to heart, he placed his bet based on that number and ended up winning the RM11 million jackpot. Following the life-changing win, the man took his wife on their dream vacation, settled all outstanding debts, and is now enjoying a life of comfort and financial freedom.
