Planet Labs

Planet Labs PBC provides daily data and insights about earth. It offers a web-geo platform with satellite data available and foundational analytics to derive insights to make decisions. The company is founded by William S. Marshall and Robert H. Schingler in 2010 and is headquartered in San Francisco, CA.

Earnings data Q3 2021

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PL (PL) reports solid Q1 results but revises guidance

PL (PL) reported solid Q1 financial results but faced headwinds in April and May, leading to a revision of guidance for the year. The company is streamlining and focusing on high ROI business areas, while challenges include elongated sales cycles and government budget constraints. Opportunities lie in leveraging unique data for AI applications and being a natural consolidator in the data business.

Planet Labs PBC reports 11% revenue growth, faces deal closure delays

Planet Labs PBC reported strong revenue growth and exceeded non-GAAP gross margin expectations. However, challenges include delays in deal closures and a reduction in the revenue forecast due to delays in large government opportunities. The company is focusing on organizational changes, product developments, and cost-cutting measures to drive sustainable long-term growth and profitability.

Planet Labs PBC Reports Record Q3 Revenue and Government Market Strength

Planet Labs PBC achieved record revenue and demonstrated strength in government markets, while facing challenges in extended sales cycles and macro-driven headwinds in the commercial market. The company is focused on driving higher growth rates and improving execution to capitalize on a diverse global pipeline of opportunities.

Planet Labs exceeds targets, eyes profitability amid strategic acquisitions

Planet Labs delivered robust financial performance, highlighted by revenue growth and strategic acquisitions. Challenges include achieving profitability and managing legacy contracts. Opportunities exist in government sectors, expanding customer base, and disciplined financial management.

Planet Labs reports robust Q1 earnings, eyes AI for growth

Planet Labs' Q1 performance reflects strong revenue growth and margin expansion, supported by diverse customer base and strategic partnerships.
While facing challenges from recent headwinds and elongated sales cycles, the company is optimistic about leveraging AI and sustainability for growth.
Efforts to reduce expenses and prioritize key investments signal a strategic focus on profitability and sustainable growth for Planet Labs.

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Planet Labs PBC (NYSE: PL) is trading lower Tuesday after the company announced its fiscal third-quarter 2022 financial results and issued guidance below estimates. Planet Labs reported quarterly revenue of $31.7 million, representing an increase of 16% year-over-year.

Why Planet Labs Shares Are Falling

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Investors were prepared for a mixed opening on Wall Street Tuesday.

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Planet Labs PBC (PL) CEO Will Marshall on Q3 2022 Results - Earnings Call Transcript

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for its third fiscal quarter that ended October 31, 2021, demonstrating its continued execution and the momentum of its unique data subscription business. Last week, Planet listed on the New York Stock Exchange under the ticker “PL” following the close of its business combination with dMY Technology Group, Inc. IV, a special pu

Planet Reports Financial Results for Third Quarter of Fiscal 2022

SAN FRANCISCO & HAARLEM, Netherlands--(BUSINESS WIRE)--Planet, a leading provider of daily data and insights about Earth, today announced the completion of its acquisition of VanderSat, a leading provider of advanced earth data and analytics. Planet recently became a publicly-traded company, Planet Labs PBC (NYSE: PL). The purchase of VanderSat, based in Haarlem, Netherlands, further strengthens Planet's position in the agriculture market. VanderSat's innovative products help customers better m

Planet Completes Acquisition of VanderSat; Set to Deliver Advanced Agriculture Data Products to Customers

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With 2021 coming to a close shortly, here are the stocks to buy to benefit from some of the biggest trends of 2022. The post 7 Stocks to Buy to Ride the Biggest Trends of 2022 appeared first on InvestorPlace.

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dMY Technology Group Inc IV

Satellite imagery and data specialist Planet began trading Wednesday on the New York Stock Exchange, becoming the latest space company to go public.

Satellite imagery company Planet begins trading on the NYSE after closing SPAC merger

Planet Labs goes public today in a reverse SPAC merger that is highly anticipated and expected to perform well for investors. The post Planet Labs Stock: 10 Things to Know as PL Starts Trading Today After SPAC Merger appeared first on InvestorPlace.

Planet Labs Stock: 10 Things to Know as PL Starts Trading Today After SPAC Merger

Planet Labs is likely to complete its merger with the SPAC shell DMYQ shortly. This Google-backed Earth observation business features solid revenue growth, improving gross margins, and what looks to be a high level of support from SPAC shareholders.

We Rate Planet Labs A Buy As The SPAC Merger Completion Looms

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs Inc. (“Planet”), a leading provider of daily data and insights about Earth, today announced the completion of its previously announced business combination (the “Business Combination”) with dMY Technology Group, Inc. IV, a publicly traded special purpose acquisition company (formerly NYSE: DMYQ) (“dMY IV”). The combined company has been renamed Planet Labs PBC and its shares and warrants will commence trading tomorrow, December 8th, 2021, on the New Y

Planet Announces Closing of Business Combination with dMY Technology Group, Inc. IV

News for Planet Labs Stock (PL)