04:41 PM EST, 02/03/2025 (MT Newswires) -- Palantir Technologies ( PLTR ) late Monday reported fourth-quarter results that topped analysts' estimates amid rising demand for artificial intelligence capabilities.

Adjusted per-share earnings rose to $0.14 from $0.08 a year earlier, topping the consensus on FactSet of $0.11. Revenue climbed 36% to $827.5 million, exceeding Wall Street's $775.8 million estimate.

The software maker's shares were up 18% in after-hours trade.

"Our business results continue to astound, demonstrating our deepening position at the center of the AI revolution," Chief Executive Alexander Karp said in a statement.

US revenue advanced 52% to $558 million, driven by sharp gains in both the commercial and government segments. The number of customers grew 43% year-over-year, Palantir ( PLTR ) said.

For 2025, the company expects revenue between $3.74 billion and $3.76 billion, which would mark growth from $2.87 billion reported for 2024. Market projections point to $3.5 billion.

Palantir ( PLTR ) expects first-quarter revenue of $858 million to $862 million, compared with the Street's $799.6 million estimate.