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Palantir Forecasting At Least 30 Percent Growth In Coming Years

Cal Biesecker By
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Palantir Forecasting At Least 30 Percent Growth In Coming Years
Alexander Karp, co-founder and chief executive officer of Palantir Technologies Inc., speaks during a Bloomberg Television interview in Washington, D.C., U.S., on Aug. 22, 2019. Palantir Technologies agreed to extend a contract to provide U.S. immigration authorities with data-mining software and dismissed concerns from activists who say the technology enables unethical policies, including the separation of migrant families. (Getty Images Photo)

The fast-growing software and data analytics firm Palantir Technologies [PLTR] expects its sales to grow at least 30 percent annually through 2025 driven by continued increases in government and commercial business. Palantir reported a $101.4 million, 5 cents earnings per share (EPS), loss in the first quarter of 2022, down from a $123.5 million (7 cents EPS) loss a year ago. Sales in the quarter jumped 31 percent to $446.4 million from $341.2 million a year ago. Work with the…

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