PL / Planet stock drops after satellite imagery and data venture lowers annual revenue guidance

Two years ago, space company Planet Labs seemed a stellar IPO prospect, promising years of revenue growth and steadily increasing profit margins. It h more_horizontal

Planet Labs PBC (NYSE:PL ) Q2 2024 Earnings Conference Call September 7, 2023 5:00 PM ET Company Participants Chris Genualdi - Vice President of Inves more_horizontal

Planet Labs PBC (PL) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss o more_horizontal

Planet Labs (NYSE: PL), a leading provider of daily satellite data and insights about Earth, has announced securing a fresh contract with an Asian Min more_horizontal

Cheap space stocks are emerging as a new opportunity for intelligent investors. These stocks, which are often ignored, have great potential for growth more_horizontal

Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023. more_horizontal

Satellite-imagery and data-analysis company Planet is restructuring and laying off 117 employees, it announced on Tuesday. more_horizontal

While attempting to get rich in the capital markets always presents extraordinary risks, if you're committed to this framework, the top space stocks o more_horizontal