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The Asteroid’s Shadow over PL Stock: Planet Labs’ Mixed Bag for Q4 2023

by Ron Finklestien

Published On: March 28, 2024 11:36 pm

Struggling Earnings, Soaring Revenue

PL stock - PL Stock Earnings: Planet Labs Misses EPS, Beats Revenue for Q4 2023

Source: iQoncept / Shutterstock

Planet Labs (NYSE:PL) unveiled their performance for the final quarter of 2023.

Surprisingly, the company’s earnings per share dwindled to -11 cents, falling short of the projected -6 cents by analysts.
On the flip side, the revenue number painted a brighter picture at $58.85 million.
This figure surpassed expectations by a narrow margin, outshining the forecasted revenue of $58.19 million.

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Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/pl-stock-earnings-planet-labs-for-q4-of-2023/.

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