Palantir beat Wall Street’s third-quarter estimates, reporting adjusted earnings of 44 cents per share and revenue of $2.31 billion. Revenue nearly doubled year over year and exceeded $2 billion for the first time, while net income more than doubled to $1.13 billion. U.S. commercial revenue jumped 148% to $984 million, surpassing U.S. government revenue of $953 million. The company raised its guidance and now expects U.S. commercial revenue above $3.56 billion for the full year.
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