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Hiding inside Palantir’s skyrocketing quarter is a foreboding signal

July 16, 2015 | TechCrunch AI
Hiding inside Palantir’s skyrocketing quarter is a foreboding signal
Yet retail investors were lukewarm on the company on Tuesday, with the stock trading slightly down. That’s because Palantir’s enterprise sales, its big growth area, showed signs of slowing. First, the good news for the company’s investors. Revenue grew 96% from a year earlier, and 20% from the previous quarter, to $2.31 billion, beating analysts’ expectations of $2.18 billion. It was the first time Palantir has topped $2 billion in a quarter. Palantir also