Palantir reported an underwhelming FQ1 earnings card. The significant deceleration in its government revenue is worrying. Moreover, it had likely impacted the consistency in its margins profile. Palantir also offered somewhat cryptic guidance for FQ2. Management kept investors guessing when much clarity was needed. As a result, the stock was down 20% at writing.
Palantir Earnings: Couldn't Have Been Worse Than This