Planet Labs Stock Dips After Q2 Revenue Misses Estimates: Details

Planet Labs PBC (NYSE:PL) reported its second-quarter financial results after Thursday’s closing bell. Here's a look at the details from the report. 

The Details: Planet Labs reported quarterly losses of six cents per share, which met the analyst consensus estimate. Quarterly revenue of $61.09 million missed the analyst consensus estimate by 1.17% and represents a 13.64% increase over the same period last year.

Percent of Recurring Annual Contract Value (ACV) for the second quarter was ...