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0.000434074877916354 -0.000108518719479166 0 0 0.00151926207270755 -0.000327726532826997 -0.0113944655453065 -0.0139989148128053
Stock impact report

Palantir, MongoDB Defy Software Slowdown With Strong Q4 Beats [Yahoo! Finance]

Palantir Technologies Inc. - Class A (PLTR) 
Company Research Source: Yahoo! Finance
In a research note led by analyst Keith Weiss, Morgan Stanley said the software group overall showed quarter-over-quarter declines in revenue growth, operating margins, and earnings beats. Fewer firms exceeded consensus by more than 1%, and the size of those beats also shrank, falling below historical norms. In Q4, 64% of software companies beat revenue estimates by over 1%, down from 71% in Q3. For earnings per share, 69% beat estimates by at least $0.02, also slightly lower than the 71% in the previous quarter. However, infrastructure software companies defied the trend. SolarWinds ( NYSE:SWI ) beat revenue estimates by 7.2%, Palantir by 6.6%, MongoDB by 5.6%, and Elastic ( NYSE:ESTC ) by 4.5%. Overall, 80% of companies in this segment exceeded revenue estimates by over 1%, and 85% beat EPS expectations by more than $0.02. Palantir, in particular, stood out. Despite high expectations heading into earnings season, the company delivered its sixth straight quarter of acceleratin Show less Read more
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