Planet Labs Earnings Review: Q3 Summary

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Planet Labs PL announced its Q3 earnings on Monday, December 9, 2024 at 04:05 PM.

Here's a breakdown of the earnings report.

Earnings

Planet Labs beat estimated earnings by 50.0%, reporting an EPS of $-0.02 versus an estimate of $-0.04.

Revenue was up $5.89 million from the same period last year.

Analysis of Past Earnings

The company missed on EPS by $0.0 in the last quarter, resulting in a 28.000000000000004% drop share price change the following day.

Here's a look at Planet Labs's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.06 -0.07 -0.06 -0.08
EPS Actual -0.06 -0.05 -0.06 -0.05
Revenue Estimate 61.82M 60.03M 58.19M 55.25M
Revenue Actual 61.09M 60.44M 58.85M 55.38M

To track all earnings releases for Planet Labs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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