Palantir Technologies Inc. shares PLTR, -2.49% jumped 4.8% premarket Thursday, after the data analysis company posted stronger-than-expected revenue for the second quarter and reiterated long-term guidance. The Denver, Colo.-based company posted a net loss of $138.6 million, or 7 cents a share, for the quarter, after a loss of $110.5 million, or 17 cents a share, in the year-earlier period. Adjusted per-share earnings came to 4 cents, matching the FactSet consensus. Revenue rose to $375.6 million from $252.9 million a year ago, ahead of the $360.0 million FactSet consensus. The company said it closed 62 deals in quarter of $1 million or more, 21 of which have a value greater than $10 million. It added 20 net new customers in the quarter, while total customers grew 13%. “Per long-term guidance policy, as provided by our Chief Executive Officer, Alex Karp, we continue to expect: — Annual revenue growth of 30% or greater for 2021 through 2025,” the company said.
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