Palantir Technologies (PLTR) reported Q1 revenue and profit that topped analyst estimates, driven by surging sales to both commercial clients and the US government sector.
The company’s revenue jumped 85% in the first three months of this year to $1.63 billion, beating the consensus estimate of $1.53 billion, according to Bloomberg data. The majority of that revenue, or $1.28 billion, came from the US alone.