Planet Labs – The US Earth Imaging Specialist Reports Record Quarter, But SpaceX Overshadows Everything!
Reading Time: 3 minutes
Planet Labs surpasses all expectations with $94.2 million in revenue (+42%) and significantly raises its annual forecast. Despite a backlog of over $906 million and strong defense growth, the SpaceX IPO hype pushes the stock down. Long-term, the growth story remains intact – profit-taking after +1,000% in twelve months is understandably human. Record Revenues Meet Investor Disillusionment Planet Labs delivers impressive figures in the first quarter of fiscal year 2027: Revenue climbs 42% to a new high of $94.2 million, clearly exceeding...
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