What's Going On With Planet Labs Stock Friday?
Planet Labs (NYSE: PL) beat Q2 estimates with $116M revenue and surprise EPS, driven by a 90%+ surge in defense demand.
Planet Labs made more money than people expected last quarter, mostly because the military is buying way more of their satellite pictures. When a company beats its goals, that's a sign it's doing something right—watch to see if this keeps happening.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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