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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SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that members of senior management will participate in the following upcoming investor conferences: Ashley Johnson, Chief Financial and Operating Officer, will participate in a fireside chat at Needham's 26th Annual Needham Growth Conference in New York, on January 18th, 2024, at 12:45 p.m. Eastern Time. The discussion will be hosted by Ryan Koontz, Managing Dire.

Planet to Participate in Upcoming Investor Conferences

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I give a buy rating as I expect growth to reaccelerate and valuation to increase. Planet Labs is a market leader in global satellite imagery and geospatial solutions, with a first-mover advantage in daily earth scanning technology. The company has a huge addressable market in agriculture and defense, with potential for increased demand as the population grows and conflicts continue.

Planet Labs: Market Leader With Strong Growth Tailwinds

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SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced Susan Wojcicki is expected to be nominated by Planet's Board of Directors (the “Board”) for election to the Board at the Company's 2024 annual general meeting (AGM). With over two decades of leadership experience in the technology industry helping to scale disruptive companies, Planet believes Ms. Wojcicki is uniquely positioned to su.

Planet Expects to Nominate Former YouTube CEO, Susan Wojcicki, for Election to the Board of Directors at Next Annual General Meeting

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Before it IPO'ed, Planet Labs was telling investors' tales of 44% and better growth rates. After Planet Labs IPO'ed, its growth rate slowed sharply.

Planet Labs Is No Longer a Growth Stock

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SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that its Planetary Variables are now supported data layers in Sentinel Hub, allowing users to more easily perform analysis and generate insights. In August 2023, Planet acquired the business of Sinergise, including Sentinel Hub, marking a significant step forward in its mission to make Earth observation (EO) data more accessible and impactful. Planetary Variable.

Planet Adds Planetary Variables Products to Sentinel Hub to Enable Greater Usability of its Earth Observation Data

Planet Labs PBC (NYSE:PL ) Q3 2024 Earnings Conference Call December 7, 2023 5:00 PM ET Company Participants Chris Genualdi - VP, IR Will Marshall - Co-founder & CEO Ashley Fieglein Johnson - Chief Financial and Operating Officer Conference Call Participants Jason Gursky - Citigroup Trevor Walsh - JMP Securities Michael Latimore - Northland Ryan Koontz - Needham & Company Noah Poponak - Goldman Sachs Edison Yu - Deutsche Bank Jeff Van Rhee - Craig-Hallum Chris Quilty - Quilty Space Operator Hello, everyone. Thank you for attending today's Planet Labs PBC Third Quarter of Fiscal 2024 Earnings Call.

Planet Labs PBC (PL) Q3 2024 Earnings Call Transcript

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for the period ended October 31, 2023, that demonstrated continued growth and momentum of its unique data subscription business. “Growth in the third quarter was driven by strength in the Civil Government and Defense & Intelligence markets,” said Will Marshall, Planet's Co-Founder, Chief Executive Officer and Cha.

Planet Reports Financial Results for Third Quarter of Fiscal 2024

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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 third quarter 2024 financial results for the quarter that ended October 31, 2023, after market close on Thursday, December 7, 2023. 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 cal.

Planet to Announce Fiscal Third Quarter 2024 Results on Thursday, December 7, 2023

Today, we take a look at Planet Labs PBC, a small cap company that designs and launches satellites to provide geospatial data to customers. The company has an intriguing business model, is focused on bringing down operational costs and has a rock-solid balance sheet. An analysis around Planet Labs is presented in the paragraphs below.

The Prognosis For Planet Labs

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that Pelican-1, the first tech demonstration satellite for its next-generation, high-resolution Pelican fleet, along with 36 of its SuperDoves, Flock 4Q, were successfully launched to orbit on SpaceX's Transporter-9 mission from Vandenberg Space Force Base on Saturday, November 11, 2023. The Planet team has successfully made contact with each satellite and start.

Planet Launches First Pelican Tech Demonstration and 36 SuperDoves with SpaceX

SpaceX will launch a satellite demonstration from Planet Labs (NYSE:PL) to record change on planet Earth as part of a new space mission on Saturday.   Elon Musk's space exploration business is expected to kickstart the Transporter-9 space mission tomorrow, launching a ‘ride-share' spacecraft that is due to lift off from the Vandenberg Space Force Base in California.

SpaceX to launch Transporter-9 'ride-share' mission with Planet Labs on Saturday

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that its Pelican tech demonstration satellite, Pelican-1, along with 36 SuperDoves, Flock 4Q, will be launching on SpaceX's Transporter-9 mission on Saturday, November 11, 2023 from Vandenberg Space Force Base in California. SpaceX's launch window will open at 10:49 a.m. PT and you can watch the launch live at this link. Designed and built in-house by Planet, Pe.

Planet to Launch Pelican Tech Demonstration and 36 SuperDoves with SpaceX

ST. LOUIS , Nov. 9, 2023 /PRNewswire/ -- Object Computing, Inc., a technology firm based in St. Louis, MO., today announced a partnership with Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, to harness the power of geospatial data insights for enterprise businesses across industries.

OBJECT COMPUTING AND PLANET LABS PBC PARTNER TO UNLOCK GAME-CHANGING DATA INSIGHTS FOR ENTERPRISE BUSINESSES

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced the global availability of its Forest Carbon Diligence product. This global, 30 meter historical time series of forest carbon, as well as tree height and cover, is a groundbreaking data product that aims to provide unprecedented insights into forest change and carbon stocks - a crucial tool for ensuring accurate carbon accounting. Traditional high-fidelity fores.

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