Why Planet Labs Shares Are Trading Higher By Around 16%; Here Are 20 Stocks Moving Premarket - Agape ATP (NASDAQ:ATPC), Beasley Broadcast Group (NASDAQ:BBGI)
Planet Labs PBCPlanet Labs PBC(US:PL) Benzinga·2025-12-11 10:05

Core Insights - Planet Labs PBC reported third-quarter revenue of $81.25 million, exceeding analyst expectations of $71.99 million, leading to a significant rise in share price [1][2] - The company also provided fourth-quarter sales guidance above estimates and raised its FY26 sales guidance, indicating positive growth prospects [1][2] Financial Performance - Third-quarter revenue: $81.25 million, surpassing estimates by approximately 12.5% [2] - Adjusted earnings per share were breakeven, while GAAP earnings showed a loss of $0.19 per share [2] Market Reaction - Planet Labs PBC shares increased by 16.4%, reaching $15.15 in pre-market trading following the earnings report [2]