Palantir Technologies Non-GAAP EPS of $0.02 misses by $0.02, revenue of $446M beats by $2.49M

Palantir Technologies: Q1 Non-GAAP EPS of $0.02 misses by $0.02.

Revenue of $446M (+30.8% Y/Y) beats by $2.49M.

Commercial revenue grew 54% Y/Y; US commercial revenue grew 136% Y/Y; Government revenue grew 16% Y/Y; Customer count grew 86% Y/Y.

Q2 Outlook: The company is guiding to a base case of $470M in revenue vs. consensus of $483.76M; adjusted operating margin of 20%.

FY2022 Outlook: Adjusted operating margin of 27%.