#Latest news with #EarthImagingBloomberg2 days agoBusinessBloombergPlanet Labs CEO Says Europe Demand Beating Outset of Ukraine WarEarth imaging company Planet Labs PBC 's profit beat expectations as Europe hikes defense spending in response to the United States pulling back from the continent. Earnings excluding some items were $1.2 million in its first quarter, according to a statement Wednesday, its second profitable quarter in a row and better than analysts' average expectation of a $3 million loss.
Bloomberg2 days agoBusinessBloombergPlanet Labs CEO Says Europe Demand Beating Outset of Ukraine WarEarth imaging company Planet Labs PBC 's profit beat expectations as Europe hikes defense spending in response to the United States pulling back from the continent. Earnings excluding some items were $1.2 million in its first quarter, according to a statement Wednesday, its second profitable quarter in a row and better than analysts' average expectation of a $3 million loss.