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Planet Labs Fiscal Q4 Loss Widens, Revenue Rises; Q1, FY Sales Guidance Set; Shares Drop After Hours
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Planet Labs Fiscal Q4 Loss Widens, Revenue Rises; Q1, FY Sales Guidance Set; Shares Drop After Hours
Mar 20, 2025 2:02 PM

04:29 PM EDT, 03/20/2025 (MT Newswires) -- Planet Labs (PL) reported a fiscal Q4 non-GAAP loss late Thursday of $0.08 per diluted share, compared with a $0.06 loss a year earlier.

Analysts polled by FactSet expected a loss of $0.02.

Revenue in the three months ended Jan. 31 rose to $61.6 million from $58.9 million a year earlier.

Analysts surveyed by FactSet expected $61.9 million.

The company expects Q1 revenue of $61 million to $63 million. Analysts surveyed by FactSet project $64.6 million.

The company expects full-year sales of $260 million to $280 million. Analysts polled by FactSet forecast $274 million.

Shares of the company slumped 7.8% in after-hours activity.

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