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

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for its fiscal second quarter for the period ended July 31, 2022, demonstrating accelerated growth and momentum of its unique data subscription business. “Planet's results for the second quarter exceeded expectations across the board and demonstrate the continued acceleration of our growth rate and robust demand for

Planet Reports Financial Results for Second Quarter of Fiscal Year 2023

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Given the Fed tightening and the resulting macro uncertainties, many were expecting below par performances, but the second quarter turned out to be better than expected in terms of earnings.

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The three major U.S. equity indexes closed higher Thursday. The Dow Jones industrials ended the day up 0.61%, the S&P 500 rose by 0.66% and the Nasdaq added 0.6%.

Earnings Previews: Oracle, Planet Labs

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: The RBC Capital Markets Global Industrials Conference in Las Vegas on Wednesday, September 14, 2022 The Piper Sandler Growth Frontiers Conference in Nashville on Wednesday, September 14, 2022 The Morgan Stanley 10th Annual Laguna Conference in Dana Point, Californi

Planet to Participate in Upcoming Conferences

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it has been selected by two companies, SES Government Solutions and Telesat Government Solutions, to demonstrate real-time space-to-space connectivity solutions from LEO satellites to other in-space communication satellites operated by SES and Telesat for NASA's Communication Services Project, or “CSP”. With NASA's plans to decommission its owned and operat

Planet to Provide Real-Time Data and Connectivity Solutions for NASA's CSP

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced its work supporting efforts to protect cultural heritage in Ukraine with Global Heritage Fund, a California based non-profit that transforms local communities by investing in cultural heritage to advance economic development. UNESCO reported in July 2022 that over 165 Ukrainian heritage sites have been damaged since the onset of the Russo-Ukrainian war. As the R

Global Heritage Fund Leveraging Planet SkySat to Protect the Cultural Fabric of Ukraine

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 2023 financial results for the quarter ended July 31, 2022, after market close on Monday, September 12, 2022. 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, whi

Planet Announces Date of Second Quarter Fiscal 2023 Financial Results and Investor Day

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced a new contract with the National Oceanic and Atmospheric Administration (NOAA). The organization is leveraging Planet's PlanetScope and SkySat products to evaluate oil spills, track marine debris, detect vessels, and identify large marine mammals like whales. In 2004, Hurricane Ivan caused severe damage in the Gulf of Mexico, including the collapse and sinking o

NOAA Contracts with Planet to Gain Situational Awareness of Oil Spills, Marine Debris, and Marine Life

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced the completion of a successful pilot program with Organic Valley, a national organic food brand and independent cooperative of small family farms, to utilize satellite technology to efficiently measure pasture health on dairy farms. By using Planet's near-daily satellite images, farmers accessed reports to improve their use of pastures and herd nutrition, and to

Planet and Organic Valley Complete Pilot and Expand Collaboration Across Cooperative

BERLIN & SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC, a leading provider of daily data and insights about Earth, today announced that its wholly owned subsidiary, Planet Labs Germany GmbH, has signed a new contract with the German Federal Agency for Cartography and Geodesy (BKG) to provide the agency with daily, high-resolution satellite data for crisis response, environmental and nature conservation, as well as forest and agricultural monitoring. Access to Planet's satellite data will help

Planet Signs Contract to Provide German Federal Agencies With Daily Satellite Imagery

After a huge price drop, PL is currently consolidating above $3 and becoming attractive with its sustainable top line outlook. The company enjoys growing earth observation satellites and getting brand awareness momentum with its growing partnerships in different industries.

Planet Labs: Consolidating, Enjoys More Partnerships And Wins EOCL Contract

Planet Labs PBC is a promising company that certainly deserves a place on the watch list, as it is a very unique company. We do not currently see a clear path to profitability, and as such, it is difficult to value the company and to determine whether it is expensive or not.

Planet Labs: Wait Until Profitability Is In Sight

Planet Labs uses shoebox-sized satellites to send back real-time images of the Earth every day.

Why more Planet Labs' shoebox-sized satellites are headed into orbit on SpaceX rockets

Is accelerating sales growth a good enough reason to own this stock?

Planet Labs Grows Quickly. Its Stock -- Not So Much.

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Planet is growing sales just fine, but profits remain elusive.

Why Planet Labs Stock Plunged on Wednesday

Planet Labs (NYSE: PL) shares are trading lower Wednesday after the company reported worse-than-expected earnings results. Planet Labs said first-quarter revenue increased 26% year-over-year to $40.1 million, which beat the estimate of $39.5 million, according to data from Benzinga Pro.

Why Planet Labs Stock Is Falling

Planet Labs PBC (NYSE:PL ) Q1 2023 Results Earnings Conference Call June 15, 2022 5:00 PM ET Company Participants Chris Genualdi - Vice President of Investor Relations Will Marshall - Co-Founder and Co-Chief Executive Officer Ashley Fieglein Johnson - Chief Financial and Operating Officer Conference Call Participants Ryan Koontz - Needham & Co. Jeff Van Rhee - Craig-Hallum Capital Mike Latimore - Northland Capital Markets Chris Quilty - Quilty Analytics Noah Poponak - Goldman Sachs Caleb Henry - Quilty Analytics Operator Good afternoon and thank you for attending today's Planet Labs PBC First Quarter of Fiscal 2023 Earnings Call. My name is Jayson and I'll be the moderator for today's call.

Planet Labs PBC (PL) CEO Will Marshall on Q1 2023 Results - Earnings Call Transcript

Planet Labs (NYSE: PL) shares are trading lower in Tuesday's after-hours session after the company reported mixed financial results. Planet Labs said first-quarter revenue increased 26% year-over-year to $40.1 million, which beat the estimate of $39.5 million, according to data from .

After-Hours Action: Why Planet Labs Stock Is Sliding

SAN FRANCISCO & MONHEIM, Germany--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, and Bayer, a global company with core competencies in the life science fields of healthcare and nutrition, today announced an expansion of their strategic relationship. This expansion signals a significant scale up between the two companies. In addition to licensing Planet's Fusion product, Planet will provide SkySat data and professional services to Bayer to

Planet and Bayer Expand Strategic Relationship

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 its fiscal first quarter for the period ended April 30, 2022, demonstrating accelerated growth and the momentum of its unique data subscription business. “Our results for the first quarter are strong across the board and show continued acceleration of growth. Our products are unique to the industry and we see inc

Planet Reports Financial Results for First Quarter of Fiscal Year 2023

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Earnings Previews: Commercial Metals, Jabil, Kroger, Planet Labs

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Investors are still crunching numbers and figuring how much more Maxar, BlackSky, and Planet are worth today.

News for Planet Labs Stock (PL)