Palantir sees upbeat revenue on U.S. govt contracts boost


FILE PHOTO: The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann

(Reuters) - Data analytics software provider Palantir Technologies Inc on Monday forecast better-than-expected fourth-quarter revenue due to a boost from renewals and expansion of U.S. government contracts.

The company also said that out of the $1.3 billion worth of contracts closed in the third quarter, roughly $1 billion were from the U.S. government, with its total customer count growing 66%.

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