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-0.000548998078506694 -0.00444688443590449 0.00384298654954701 0.00977216579741971 0.00782377161679942 0.0192149327477354 0.0222316771891298 0.0230579192972824
Stock impact report

Data Analytics Stocks Q3 Recap: Benchmarking Palantir Technologies (NASDAQ:PLTR) [Yahoo! Finance]

Palantir Technologies Inc. - Class A (PLTR) 
Company Research Source: Yahoo! Finance
Organizations generate a lot of data that is stored in silos, often in incompatible formats, making it slow and costly to extract actionable insights, which in turn drives demand for modern cloud-based data analysis platforms that can efficiently analyze the siloed data. The 6 data analytics stocks we track reported a very strong Q3. As a group, revenues beat analysts' consensus estimates by 4.3% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 11% since the latest earnings results. Named after the all-seeing stones in "Lord of the Rings," Palantir Technologies (NASDAQ:PLTR) develops software platforms that help government agencies and enterprises integrate, analyze, and operationalize their data for decision-making. Palantir Technologies reported revenues of $1.18 billion, up 62.8% year on year. This print exceeded analysts' expectations by 8%. Overall, it was a stunning qua Show less Read more
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