RESOLVING THE LEDGER
This is one outlet's own report from The Motley Fool — the article as it was filed. Other outlets are covering the same event; open the full story to compare every source side by side.
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Over the past 12 months, Palantir Technologies (NASDAQ: PLTR) earned $2.28 billion in net income on $5.2 billion of revenue, nearly quadruple what it earned over the prior-year period. Its stock, meanwhile, fell 40% from a high of $207.52 to about $124 as of this writing.
Both numbers are accurate, and they don't contradict each other. A stock isn't a business. It's a price attached to one. Palantir's business kept accelerating while investors marked down what they were willing to pay for each dollar of it.
On Monday, Aug. 3, after the market closes, the second-quarter report will test both sides of that trade at once.
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