04:45 PM EST, 12/09/2024 (MT Newswires) -- Planet Labs PBC ( PL ) reported a fiscal Q3 non-GAAP diluted loss late Monday of $0.02 per share, narrowing from a loss of $0.05 a year earlier.

Analysts polled by FactSet expected a loss of $0.05.

Revenue for the quarter that ended Oct. 31 was $61.3 million, up from $55.4 million a year earlier.

Analysts surveyed by FactSet expected $63.1 million.

The company said it expects fiscal Q4 revenue of $61 million to $63 million. Analysts polled by FactSet expect $66.6 million.

Shares of Planet Labs PBC ( PL ) were down nearly 10% in after-hours activity.