Q1 results were a beat with revenue growth accelerating from 40% to 49% growth (beating guidance of 45%).
US Government and Commercial growing at 83% and 72% respectively. Turns profitable on an adjusted EPS basis. Raises Q2 guidance to 43% growth.
https://seekingalpha.com/news/3694432-palantir-technologies-…
Presentation here…
https://seekingalpha.com/article/4427310-palantir-technologi…
Transcript here…
https://seekingalpha.com/article/4427515-palantir-technologi…
Ant
For those with a premium fool account, there’s an interesting post with coverage of the call here:-
https://discussion.fool.com/4056/okay-sitting-down-in-front-of-a…
Some interesting tidbits here…
44% adjusted free cash flow margin. They generated $151 M , which is an increase of 441 M from Q1 (FCF + now).
Revenue grew 49% YoY generating 341M in revenue across government and commercial segments. (Q1 2020 was 229 M).
Billings grew 248% YoY to 362 M, resulting in higher than expected cash flow.
in Q1 2020, it was 104M.
Duration adjusted commercial deal value grew by 76%
Ant