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CLAIM #49401 · Palantir Technologies Inc. (PLTR) · 2022Q2 earnings call · Aug 8, 2022 · due Aug 8, 2024

We believe the severity of it will be less every year simply because of the strength of the U.S. and later, the handoff function in Europe on our commercial sales.

Alex Karp · CEO

PENDING
graded after results covering Aug 8, 2024 are reported

In context

years ago that now makes sense now, that you're looking at a business where the vicissitudes are just less important. On the general political thing, what can the West do? Of course, I mean -- but we are just in a situation in the West, where we have the most interesting noble and virtuous societies and there is a real dearth in operational leadership. We could save money in the U.S. government by going around saying, "Look, we will contract quicker, but you get paid less." That would be obviously good for everyone. That's unlikely to happen. And so what we're doing is building our business so it's less important and trying to get better at both forecasting how this will happen and getting locked into bigger and bigger and bigger contracts. But this will be an ongoing issue for Palantir. We believe the severity of it will be less every year simply because of the strength of the U.S. and later, the handoff function in Europe on our commercial sales. Unidentified Company Representative: Thanks, Alex. Our next question comes from Brad at Deutsche Bank. Brad, please turn on your camera, and then you'll receive a prompt to unmute your line. Brad Zelnick : Great. Can you guys see me? Alex Karp: No. But we're rolling here. You can just -- we'll do it without the -- Brad Zelnick : With no audio -- Alex Karp: Yes. We got the audio. Brad Zelnick : Excellent. I wanted to ask about partnerships, which you've spoken about in recent quarters, particularly with government contractors and other providers to USG and global governments. What proof points are there that support your confidence that these traditional providers to government are choosing to bid on business with Palantir versus maybe coming up with their own reusable IP that qualifies fo

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SEC filings for PLTR · Claim quote is verbatim from the 2022Q2 earnings call.