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CLAIM #49565 · Palantir Technologies Inc. (PLTR) · 2024Q3 earnings call · Nov 4, 2024 · due Dec 31, 2025

And we are going to maintain the contradiction of having both high margins and high growth.

Alex Karp · CEO

CANNOT_DETERMINE
resolved by a revision, graded at the moved level · official band 5 percent
Committed
we are going to maintain the contradiction of having both high margins and high growth
Reported
we are now guiding to a Rule of 40 score of 102% for the full year

In context

ties, we want them to be individual Titans that are dominating their industry or the battlefield. And we reflect that in how we do things. We are not trying to be your average Harvard Business School preferred company with like that, that crush that reduces the margins, has a thin product and then has a lower rule of 40 and presumably higher growth. By the way, I don't think you get higher growth than what we had, honestly, although we of course are always pushing and want even higher growth. The people who tend to ask these questions are, tend to be modeling companies with 20% growth and lower margins. We have 44% growth in the most important market in the world, arguably not the only, but by far the most valuable market in the world, while having a Rule of 68 i.e. the best in the world. And we are going to maintain the contradiction of having both high margins and high growth. It's not one or the other. They're actually interplayed and they're not a contradiction. They power each other. That's how you have world class products. That's what you see in your numbers. A - Ana Soro: Thank you both. Our next question is from Dan with Wedbush. Dan, please turn on your camera and then you'll receive a prompt to unmute your line. Daniel Ives: A great quarter and congrats to you and the team. So my question is with boot camp conversions, has it even surprised you just how quickly from a customer coming into a boot camp, potential customer to conversion to megadeals, what you're seeing and what do you think that says about your process and where we are in this AI revolution where Palantir year sits? David Glazer: Yeah. I think obviously the most indicative of what we're s

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SEC filings for PLTR · Claim quote is verbatim from the 2024Q3 earnings call.