Why Planet Labs Stock Is Still Trending After Its Post-Earnings Breakout

Planet Labs shares are trending higher. Why is PL stock trading higher?Planet Labs Beats Revenue Estimates, Reaches EBITDA ProfitabilityInvestors appeared to respond to a combination of top-line strength, improving profitability and a sharply more bullish forward outlook. The company reported fourth-quarter revenue of $86.82 million, ahead of analyst estimates, while full-year revenue reached a record $308 million. Planet also said it delivered its first full year of adjusted EBITDA profitability, reinforci ...