palantir technologies inc exceeded earnings expectations tuesday and bumped its annual revenue forecast higher palantir pltr reported a thirdquarter loss of 1021 million or 5 cents a share on revenue of 3921 million up from 2894 million a year ago after adjusting for stockbased compensation and other effects the software company reported earnings of 4 cents a share equal to adjusted earnings from the same quarter a year ago analysts on average expected palantir to produce adjusted earnings of 4 cents a share on sales of 385 million according to factset the stock rose 14 premarket for the fourth quarter palantir guided for revenue of 418 million topping the average analyst forecast of 402 million according to factset in addition the company increased its sales guidance for the full year predicting annual revenue of 153 billion after previously stating 142 billion the revenue growth in the guidance and in the quarter are ahead of palantir chief executive alex karp’s stated goal of growing sales by at least 30 the previous revenue forecast for the full year was based on that 30 growth guidance but palantir now expects revenue to increase by more than 40 this year palantir also increased its annual guidance for adjusted free cash flow for a second consecutive quarter and now expects at least 400 million by that tailored measure palantir stock has enjoyed strong gains since joining the public markets just more than a year ago with a direct listing shares have increased 934 in the past 12 months as the sp 500 index spx has gained 339