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CLAIM #49466 · Palantir Technologies Inc. (PLTR) · 2023Q2 earnings call · Aug 7, 2023 · due Dec 31, 2023

Now we expect to be eligible for the S&P for several quarters.

Alex Karp · CEO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

ngly competent especially at technology. So this puts us in a remade transformed position where we can -- the aspiration of powering our most important institutions, which is clearly nowhere near done. So intelligence and defense has gotten us to the point where I think it’s indisputable that Palantir’s software in that space is the most important in the world. Now in -- while continuing to focus on that, we can focus on, okay, but given that we’ve built these precursor technologies, given that our product has moved from being nascent to having thousands of users, the AIP product, given that we believe that the reception to this is unlike anything we’ve seen in PG, Foundry, Apollo, target selection. And given the receptivity of the market, also not to mention that we have been profitable. Now we expect to be eligible for the S&P for several quarters. We’ve been profitable that we have over $3 billion in the bank. That positions us to fulfill our new aspiration allows us to see in the future how we would do that, which is to simply be the most valuable enterprise software company in the world and we are joyous for this moment. And thank you for being with us today. Ryan Taylor: For the third consecutive quarter, our company achieved GAAP profitability and again maintained a GAAP operating income in Q2. This is a testament to our steadfast focus and commitment to delivering results and impact for our partners, all while innovating against the AI opportunities ahead. Last quarter, we hosted AIPCon, which convened over 150 unique organizations as we formally launched our new AIP product offering and customers demonstrated how we’re partne

Verify independently

SEC filings for PLTR · Claim quote is verbatim from the 2023Q2 earnings call.