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Planet Labs Q2 Non-GAAP Net Loss Narrows, Revenue Rises; Sets Fiscal Q3 Outlook
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Planet Labs Q2 Non-GAAP Net Loss Narrows, Revenue Rises; Sets Fiscal Q3 Outlook
Sep 6, 2024 1:17 PM

04:22 PM EDT, 09/05/2024 (MT Newswires) -- Planet Labs PBC ( PL ) reported a fiscal Q2 non-GAAP net loss late Thursday of $0.06 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 July 31 rose to $61.1 million from $53.8 million a year earlier.

Analysts surveyed by Capital IQ expected $61.8 million.

The company said it expects fiscal Q3 revenue of $61 million to $64 million. Analysts are looking for $64.2 million.

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