Planet Labs Reports Non-GAAP EPS of -$0.03 Beats Estimates; Revenue Hits $94M
Planet Labs (PL:NYSE) reported Q1 non-GAAP earnings per share of -$0.03, beating estimates by $0.01 and revenue reached $94 million, surpassing expectations by $3.87 million with a year-over-year growth rate of 41.9%. The company also noted that recurring annual contract value (ACV) accounted for 99% as of the end of Q1.
Tickers: $PL
Topics: Earnings Revenue Growth