Planet Labs Stock Drives Higher After Q4 Beats Estimates

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Planet Labs PBC (NYSE:PL) shares drove higher in Thursday’s extended trading after the company released its fourth-quarter earnings report, beating revenue estimates and issuing a strong outlook.

The Details: Planet Labs reported quarterly revenue of $86.82 million, which beat the consensus estimate of $78.53 million and was up from $61.55 million in the same period last year, according to Benzinga Pro.

Planet Labs reported the following fiscal highlights:

  • Delivered record annual revenue of $308 million.
  • Increased RPOs …

Full story available on Benzinga.com

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