CLAIM #49403 · Palantir Technologies Inc. (PLTR) · 2022Q3 earnings call · Nov 7, 2022 · due Dec 31, 2022
“we are reaffirming our revenue guidance of between $1.9 billion and $1.902 billion.”
Dave Glazer · CFO
In context
“nting a margin of 10% and 8%, respectively. This marks our eighth consecutive quarter of positive adjusted free cash flow. On a trailing 12-month basis, we generated 231 million in adjusted free cash flow and $238 million in cash flow from operations. We ended the third quarter with $2.4 billion in cash and cash equivalents and no debt. We retain access to additional liquidity of up to $950 million through our $500 million revolving credit facility and $450 million delayed draw term loan facility, both of which remain entirely undrawn. Our balance sheet leaves us well positioned to capitalize on opportunities that may arise in the current macro environment. Now turning to our outlook, for the full year 2022, despite a negative $6 million currency impact since our prior quarter's guidance, we are reaffirming our revenue guidance of between $1.9 billion and $1.902 billion. Excluding such impact, we would expect full year 2022 revenue of between $1.906 billion and $1.908 billion. We are raising our outlook for adjusted income from operations for the full year. We now expect adjusted income from operations of between $384 million and $386 million. For the fourth quarter, after factoring in a negative $5 million currency impact since our prior quarter's guidance, we expect revenue of between $503 million and $505 million. Excluding such impact, we would expect fourth quarter revenue of between $508 million and $510 million. We expect adjusted income from operations of $78 million to $80 million. With that, I'll turn it over to Ana to start the Q&A. A - Unidentified Company Representative: Thanks, Dave. We'll begin with 2 questions from our shareholders before”
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SEC filings for PLTR ↗ · Claim quote is verbatim from the 2022Q3 earnings call.