Palantir declares 49% increase in quarterly revenue
June 19, 2021
Business

Palantir declares 49% increase in quarterly revenue

Tech billionaire Peter Thiel-backed Palantir Technologies Inc on Tuesday declared a 49% rise in Q1 revenue. The US data analytics firm signed more software contracts with businesses and government organisations across the world.

Revenue for the company, which went public in September, rose to $341 million in the quarter ended March 31.

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