Palantir Technologies Inc (NASDAQ:PLTR) reported third-quarter financial results after the market close on Monday. Here’s a rundown of the report.

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Q3 Highlights: Palantir reported revenue of $1.18 billion for the third quarter, beating analyst estimates of $1.09 billion. The AI software company reported third-quarter adjusted earnings of 21 cents per share, beating analyst estimates of 17 cents per share, according to Benzinga Pro.

Total revenue was up 63% year-over-year in the quarter as U.S. revenue grew 77% year-over-year to $883 million. U.S. Commercial revenue increased 121% year-over-year to $397 million and U.S. Government revenue jumped 52% year-over-year to $486 million.

Palantir's customer count grew 45% year-over-year and 7% on a quarter-over-quarter basis. The company said it closed ...