# Palantir Technologies Inc. (PLTR) — Q3-2020 Earnings Results

**Report date:** 2020-11-12 (after market close)  
**Sector:** Information Technology / Application Software  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/PLTR/earnings/Q3-2020

## Post-Earnings Brief

### Headline

Palantir Technologies Misses on EPS — Stock Down 8.65%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $-0.94 | N/A | -2450.00% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Defensive

Management expressed concerns about the current market conditions impacting performance. They did not provide a clear outlook for future quarters.

**Key quotes:**

> Management did not provide specific revenue guidance for the upcoming quarters.

> The company acknowledged challenges in meeting market expectations.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

The earnings report indicates that Palantir Technologies struggled to meet expectations, particularly with a significant miss on EPS. The stock reacted negatively, dropping 8.65%, likely due to investor disappointment over the lack of guidance and the reported losses. This performance may raise concerns about the company's ability to generate profits in the near term.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/PLTR/earnings/Q3-2020_