Planet Labs (PL) Stock Jumps 11% After Crushing Q2 Earnings on Defense Demand

TLDR Planet Labs reported Q2 revenue of $116.1 million, beating the $104.5 million Wall Street estimate, up 58% year over year. Adjusted EBITDA came in at $13.9 million, well above the $2.3 million consensus. Defense and intelligence revenue now makes up 70% of total revenue, up from 57% a year ago…
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