**Palantir Technologies Inc. (PLTR) Hits Record Quarterly Sales**
Palantir reported quarterly sales of $1.2 billion for Q3, marking a 63% increase compared to the same period last year, with U.S. commercial revenue up 121% and U.S. government revenue increasing by 52%. The company closed over 200 contracts valued at at least $1 million, with a Total Contract Value (TCV) of $2.8 billion, a staggering 340% rise from the prior year.
Additionally, Palantir’s customer base grew by 45% year-over-year, and the company anticipates 61% sequential revenue growth for Q4, while also raising guidance for current year sales and cash flow. These results position Palantir as a significant player in the fast-evolving artificial intelligence sector.
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