Palantir Reports Record $1.13 Billion Third-Quarter Profit
Palantir said its third-quarter profit was a record and that it exceeded revenue levels the company delivered not long ago.
Palantir reported a record quarterly profit of $1.13 billion in the third quarter, an amount the company said dwarfs what it delivered in revenue not long ago. In a letter to investors, co-founder Alex Carp said the results address earlier skepticism about whether the company's years of investment…