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Fortune
Fortune
Technology
Nick Lichtenberg

‘We are an n of 1’: Palantir hails ‘incredible’ earnings as stock rockets nearly 8% after hours

karp (Credit: Krisztian Bocsi—Bloomberg/Getty Images)

Palantir Technologies declared, “We are an n of 1” in the artificial intelligence software market on Monday, as the data analytics group reported yet another set of record quarterly results, sending its shares surging nearly 8% in late trading.

Investors cheered a powerful combination of faster growth, fatter margins, and a revenue outlook “crushing consensus expectations,” prompting a sharp rebound in a stock that had stumbled to start the year.

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