The company's earnings per share in the third quarter of this year were $0.44, compared with the $0.41 expected on average according to the analysis firm LSEG, reports CNBC.
Revenue was recorded at $2.31 billion. This can be compared with the approximately $2.17–2.18 billion that was expected.
This almost doubled revenue compared to the same quarter last year.
After falling 3.1 percent in Monday's trading, Palantir's shares rose 1.7 percent in after-hours trading on the New York Stock Exchange since the report was released.
Palantir, founded in 2003, has built its success on software and technical AI solutions for mostly defense companies and police agencies.
Palantir CEO Alex Karp has also recently been the subject of controversy due to the purchase of large areas of land in Härjedalen.
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