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These Analysts Boost Their Forecasts On Planet Labs Following Q2 Results
Planet Labs PBCPlanet Labs PBC(US:PL) Benzingaยท2025-09-09 15:08

Planet Labs PBC PL reported better-than-expected second-quarter fiscal 2026 results, driven by record revenue growth and raised guidance.Revenue rose 20% from a year earlier to $73.39 million, above analyst estimates of $65.74 million. The company reported a GAAP net loss of $22.6 million, or 7 cents per share, compared with a loss of $38.7 million, or 13 cents per share, a year ago.On a non-GAAP basis, net loss per share was 3 cents, beating expectations for a 4-cent loss. Adjusted EBITDA was $6.4 million, ...