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Barchart
Barchart
Aditya Raghunath

Palantir CEO Alex Karp Says ‘Inexplicable Growth in Revenue, but Not Inexplicable Growth in Customers’ Is Ahead. What Does That Mean for PLTR Stock?

Palantir Alex Karp PLTR United States CNBC

Palantir Technologies (PLTR) delivered what CEO Alex Karp called "indisputably the best results that I'm aware of in tech in the last decade" during a CNBC interview, but one comment buried in the presentation might matter more than the headline numbers.

"If you look at our numbers very closely, what you will see is inexplicable growth in revenue, but not inexplicable growth in customers," Karp told analysts. "It's inexplicable growth in revenue because customers that are serious are putting a lot of their most important problems in our hands."

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