05:03 PM EDT, 06/06/2024 (MT Newswires) -- Planet Labs PBC ( PL ) reported a fiscal Q1 non-GAAP net loss late Thursday of $0.05 per diluted share, compared with a loss of $0.07 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.06.

Revenue for the quarter ended April 30 rose to $60.4 million from $52.7 million a year earlier.

Analysts surveyed by Capital IQ expected $60.0 million.

The company said it expects fiscal Q2 revenue of roughly $59 million to $63 million. Analysts are looking for $62.4 million.

Shares of the company climbed nearly 4% in after-hours activity.

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