Recap: Planet Labs Q3 Earnings

Planet Labs PL reported its Q3 earnings results on Thursday, December 7, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Planet Labs missed estimated earnings by 62.5%, reporting an EPS of $-0.13 versus an estimate of $-0.08.

Revenue was up $5.68 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 11.04% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.08 -0.15 -0.16 -0.17
EPS Actual -0.14 -0.13 -0.14 -0.15
Revenue Estimate 54.14M 52.91M 52.56M 47.20M
Revenue Actual 53.76M 52.70M 52.98M 49.70M

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!