Palantir Technologies Reports 52% Growth In Its Revenue In Q3. | Kalkine Market Update NZ |

  • November 13, 2020 12:49 PM NZDT
  • Team Kalkine

Palantir Technologies (NYSE: PLTR) has released its Q3 FY2020 results and reported 52% growth in its revenue to US$289.4 YoY. However, the Company incurred a loss of US$847.8 million. Full-year 2020 revenue guidance has now improved to the range of US$1.070 billion to US$1.072 billion, up 44% YoY.

Synlait Milk open its $20 million share purchase plan Synlait Milk Limited (NZX:SML) has opened its completely underwritten $20 million SPP (share purchase plan). It is a part of SML’s $200 million equity raising, which was announced earlier. The company also successfully completed a placement of $180 million of new, completely paid ordinary shares.

* Zurich Insurance Posts Growth In Sales With Steady COVID-19 Claims As per the Q3 report of the group, Zurich Insurance Group witnessed a rise in commercial lines insurance sales and a moderate effect from claims related to coronavirus. Growth was aided by elevated premium rates that persisted to improve in Q3. The North America region saw an 18% rise in commercial insurance premium rates while Europe, the Middle East, and Africa (EMEA) region experienced a rise of 15%.

 


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