MAAT INDEX

CLAIM #49416 · Palantir Technologies Inc. (PLTR) · 2022Q4 earnings call · Feb 13, 2023 · due Dec 31, 2023

With the value of up to GBP75 million, we expect this agreement to further accelerate the growth of partnerships with defense and intelligence customers across the United Kingdom as well as our U.K. government business overall.

Ryan Taylor · Chief Revenue Officer and Chief Legal Officer

PENDING
graded after results covering Dec 31, 2023 are reported

In context

risk management, and a $50 million five-year expansion of our work with SOMPO Holdings, where Foundry is helping to improve security, health and well-being through digital transformation. Our government business overall saw growth across the board as well as we generated $293 million in revenue this past quarter, an increase of 23% year-over-year. Our U.S. government business saw continued growth in Q4, up 22% year-over-year, which reflects the strong contract activity in Q3. Likewise, our international government business was up 26% year-over-year, including the expansion of our work supporting pressing global events as well as the signing of Palantir's enterprise agreement with Defence Digital, a consolidated effort on the part of the British military to modernize its software systems. With the value of up to GBP75 million, we expect this agreement to further accelerate the growth of partnerships with defense and intelligence customers across the United Kingdom as well as our U.K. government business overall. This quarter's GAAP profitability illustrates our commitment to fiscal responsibility through management and margins while expanding our business. We acknowledge the challenges ahead and remain strongly poised for long-term growth. I'll now turn it over to Shyam. Shyam Sankar: In 2022, our software foiled a plot to overthrow the German government, delivered $200 million of return to Tyson Foods, empowered companies through the energy crisis. Our momentum stems from the fact that we have built software that actually works, not software that's easier to sell. We publicly announced Foundry 23 at Foundry Con 2 weeks ago. The cornerstone of our product vision is that your business is computable. But just because it's computable doesn't mean you know how to compute it. This requires an ontology

Verify independently

SEC filings for PLTR · Claim quote is verbatim from the 2022Q4 earnings call.