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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LOS ANGELES, CA / ACCESSWIRE / August 14, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Urged To Participate In Fraud Investigation With The Schall Law Firm

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that their SkySat data has been leveraged by the government of the Kingdom of Bahrain, the Kingdom's Survey and Land Registration Bureau (SLRB), to enhance urban planning initiatives nationwide. In collaboration with Planet Labs, Aetosky (formerly known as SkyMap Global) has implemented an advanced urban planning system. This turnkey solution integrates AI-enabl.

Planet Satellite Data + AI Enables the Kingdom of Bahrain to Manage Smart Cities

LOS ANGELES, CA / ACCESSWIRE / August 13, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Encouraged To Join The Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 9, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Invited to Participate in Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 8, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Can Join Fraud Investigation With The Schall Law Firm

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, has been working closely with BeZero Carbon, a global ratings agency for carbon markets. Through this partnership, BeZero provides solutions powered by Planet data that enable market participants to manage risk in their investments, transactions and carbon claims. BeZero was the first partner to access Planet's Forest Carbon Diligence product, which provides global 30-m time se.

Planet Partner BeZero Leverages Planet Imagery and Forest Carbon Products to Inform Independent Carbon Ratings

LOS ANGELES, CA / ACCESSWIRE / August 7, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Are Eligible To Join Fraud Investigation With The Schall Law Firm

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal second quarter 2025 financial results for the quarter that ended July 31, 2024, after market close on Thursday, September 5, 2024. Planet's management will host a conference call to discuss the financial results and business outlook at 5:00 p.m. ET / 2:00 p.m. PT the same day. Planet invites you to listen to the conference call.

Planet to Announce Fiscal Second Quarter 2025 Results on Thursday, September 5, 2024

LOS ANGELES, CA / ACCESSWIRE / August 6, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Can Participate In Fraud Investigation With The Schall Law Firm

LOS ANGELES , Aug. 5, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

PL Investors Have Opportunity to Join Planet Labs PBC Fraud Investigation with the Schall Law Firm

HOUSTON--(BUSINESS WIRE)--SynMax, a leading intelligence company specializing in geospatial analytics, proudly announces a pilot project award for maritime automated analytics from the National Geospatial-Intelligence Agency (NGA). Theia, SynMax's state-of-the-art geospatial Maritime Domain Awareness (MDA) tool, is enabled by comprehensive maritime data provided by Planet Labs PBC (NYSE: PL), a strategic satellite data partner, fused with over ten key sources of maritime data and powered by Syn.

SynMax Secures NGA Pilot for Revolutionary Geospatial MDA Tool, Theia

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it has extended its contract to provide data to the Taylor Geospatial Institute (TGI) into 2026. TGI, a rising geospatial research consortium, represents Planet's largest ever direct university engagement. Under the multi-year contract, TGI can leverage various industry-leading products from Planet, including its flagship PlanetScope data, robust data archi.

Planet and Taylor Geospatial Institute Extend Contract to Provide Data and Solutions to Consortium through 2026

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it has signed a seven-figure contract expansion with a US-allied International Government Agency for SkySat high resolution satellite data. “Global customer demand for high resolution satellite data continues to grow, fueled by heightened security needs and increased climate disaster risk,” said Will Marshall, Planet's Chief Executive Officer and Co-Founder.

Planet Signs Seven-Figure Expansion with US-allied Government Agency for SkySat High Resolution Data

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SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, announced Susan Wojcicki has been appointed to Planet's Board of Directors. With over two decades of leadership experience in the technology industry helping to scale disruptive companies, Planet believes Ms. Wojcicki is uniquely positioned to support the Company's continued growth and scalability across markets as an independent director. Susan was voted in at Planet's Annual.

Planet Appoints Susan Wojcicki to Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it has signed a seven-figure pilot contract with an international ministry of defense customer for PlanetScope data enhanced with the AI-based Theia solution from its partner SynMax. Together, Planet and SynMax, a Houston-based satellite analytics and intelligence company, are providing the customer with a cutting-edge maritime domain awareness (“MDA”) solu.

Planet Wins Seven-Figure Pilot with International Defense Customer for PlanetScope Data Enhanced with SynMax AI

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced the company's participation in a new original documentary from HBO. The film ‘Wild Wild Space' interviews Planet co-founders Will Marshall and Robbie Schingler and features Planet's founding, vision to image the entire earth every day, meteoric growth, and captivating satellite imagery. Directed by Academy Award-winning director Ross Kauffman, ‘Wild Wild Space'.

New HBO Original Documentary ‘Wild Wild Space' Features Planet's Origin Story and Space Industry Trajectory

Planet Labs (NYSE: PL ) layoffs are a hot topic on Monday as the geospatial data satellite company cuts jobs. A filing with the Securities and Exchange Commission (SEC) reveals that the Planet Labs layoffs will affect a total of 180 employees.

Planet Labs Layoffs 2024: What to Know About the Latest Planet Job Cuts

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SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, recently expanded its contract with the Government of New South Wales, Australia (NSW) through partner NGIS to support crisis response and urban planning and biodiversity management. NSW has been an early adopter of Planet data, using it for critical applications such as flood disaster response, water resource management, and wildfire response. In recent years, Australia has fa.

Planet's Expanded Contract with Government of New South Wales Supports Emergency and Climate Change Response

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Planet Labs remains a buy with strong growth potential despite stock price performance. 1Q25 earnings beat expectations, showing positive financial and operational progress. Partnerships with Nvidia and upcoming satellite launches strengthen PL's competitive advantage and growth prospects.

Planet Labs: Business Continues To Do Well Financially And Operationally

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News for Planet Labs Stock (PL)