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.

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.

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.

Earnings Calendar