Investigation Overview - Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of dMY Technology Group, Inc. IV ("dMY IV") following its merger with Planet Labs PBC ("Planet Labs") on December 8, 2021 [3][5] - The investigation focuses on whether dMY IV failed to provide relevant information to its shareholders prior to the merger [5] Investor Assistance - Investors who purchased dMY IV prior to December 3, 2021 are encouraged to assist the investigation by visiting the firm's website [3] - The firm has a history of recovering hundreds of millions of dollars for investors in securities fraud class actions [2] Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorneys' fees if successful [4]

"Our partnership with Planet underscores our dedication to providing our clients with the most advanced and innovative data available," said Will Osnato, Director of Commodity Data Research & Analysis at Barchart. "Through this integration, we are able to equip agribusinesses with unparalleled insights that not only facilitate smarter decisions but also significantly improve operational efficiencies and ultimately enhance profitability." You can also learn more about Barchart's enhanced yield forecast model ...

Core Viewpoint - Planet Labs is undergoing significant layoffs, affecting 180 employees, which is 17% of its workforce, as part of a strategy to improve operational efficiency and align resources with market opportunities [6][8]. Group 1: Layoff Details - The company expects one-time charges related to the layoffs to be between $9.5 million and $10.5 million, anticipated to occur in the second quarter of fiscal 2025 [2]. - The layoffs are expected to be completed by January 31, 2025 [2]. Group 2: Stock Performance - As of Monday morning, Planet Labs' stock is down 3.2% and has decreased by 24.6% since the beginning of the year [4]. - Approximately 464,000 shares were traded on this day, compared to a daily average of about 1.5 million shares [4]. Group 3: Company Guidance - Planet Labs has stated that there will be no changes to its previously provided guidance from June 6, 2024, despite the layoffs [7].

I wrote about Planet Labs (NYSE:PL) previously (Dec 2023) with a buy rating as the business was the leader in the industry and I believed the growth runway was extremely long, supported by very strong secular tailwinds. While the share price has not reacted in the way I wanted, I continue to believe PL is a buy as PL continues to execute well both financially and operationally. Especially for growth, PL has shown that growth acceleration is possible in its 1Q25 results. Business on track both financially an ...

For some investors, investing in AI stocks means looking at the big names like Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT). And let's be clear: those companies will be leaders in AI for years to come. Palantir Technologies (PLTR) It's a bold statement to make that Palantir Technologies (NYSE:PLTR) may be the most important company in the world. But the company continues to show retail investors why Dan ives of Wedbush referred to Palantir as the Lionel Messi of AI. Despite qualifyi ...

Over the last four quarters, the company has surpassed consensus EPS estimates four times. Planet Labs PBC shares have lost about 25.5% since the beginning of the year versus the S&P 500's gain of 12.3%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Investors should ...

Definitions UPDATE FISCAL 1Q'25 June 6, 2024 All references to "Planet" or the "Company" in this presentation are references to Planet Labs PBC (NYSE: PL). © Copyright 2024 Planet Labs PBC All Rights Reserved 2 This presentation includes Non-GAAP Gross Profit, Non-GAAP Gross Margin and Adjusted EBITDA, which are non-GAAP measures Planet uses to supplement its results presented in accordance with U.S. GAAP. Planet includes these non-GAAP financial measures because they are used by management to evaluate Plan ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | --- | --- | --- | | Class A common stock, par value $0.0001 per | PL | New York Stock Exchange | | share | | | | Warrants to purchase Class A common stock, | PL WS | New York Stock Exchange | | at an exercise price of $11.50 per share | | | Indicate b ...

"Planet delivered a solid quarter to start the year. Growth was driven by the government sector where we are seeing increased demand for our data, particularly when enhanced by AI-based partner solutions. We also launched the Planet Insights Platform to empower an ecosystem of customers and partners to easily access and build new solutions with our data," said Will Marshall, Planet's Co-Founder, Chief Executive Officer and Chairperson. "Additionally, we're pleased to announce that the National Reconnaissanc ...

Rick_Jo/iStock via Getty Images Planet Labs (NYSE:PL) is a company that primarily offers high frequency geospatial data from their own constellations of satellites, available to customers through their online platform. One of many 2021 SPACs that since fell to earth, the stock has plummeted from an IPO price of $10. While too much hype dominated then, the opposite problem of unchecked pessimism, plagues the stock today. While there are reasons to be wary, there are catalysts on the horizon including rec ...