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Revenue jumped 58% to $116.1 million on satellite services strength.

Market Catalysts Host Julie Hyman uses Yahoo Finance's AlphaSpace platform to take a closer look at the latest stock moves occurring in Planet Labs (PL) shares after the satellite imaging company raised its full-year forecast.

Planet Labs lifted fiscal 2027 guidance after a Q2 beat, as its $4B-plus satellite-services pipeline matures and Owl investment accelerates.

Moby summary of Planet Labs PBC's Q2 2027 earnings call

Planet Labs PBC (PL) reports a 58% year-over-year revenue surge to $116 million, driven by defense and international demand, while raising full-year guidance.

Planet Labs PBC (NYSE:PL) reported record second-quarter revenue of $116 million, up approximately 58% from a year earlier, as satellite services execution and demand from defense and intelligence customers drove growth. The company also raised the low end of its full-year fiscal 2027 outlook for re

The high-flying space stock has cooled off in recent months, despite a high-flying start to the year.

Planet Labs reported fiscal second-quarter sales of $116.1 million Thursday afternoon. Wall Street was looking for $104.5 million.

Earth imaging satellite company Planet Labs (NYSE:PL) will be reporting results this Thursday after the bell. Here’s what you need to know.

Investors are watching Planet Labs’ Q2 earnings closely as retail traders become bullish on steady demand for its satellite services.

The space stock has surged 474% in the past year, but dilution fears have triggered the recent sell-off.

Planet Labs ties defense momentum to an AI push as Q1 FY27 revenues hit a record $94.2M, backlog tops $906M, and full-year sales outlook rises.

Planet Labs established a new at-the-market equity offering program to raise up to $1.5 billion.

Before we begin, we'd like to remind everyone that we will make forward-looking statements related to future events or our financial outlook. Any forward-looking statements are based on management's current outlook plans, estimates, expectations and projections. Such forward-looking statements are subject to various risks and uncertainties and assumptions as detailed in our SEC filings, which can be found at www.sec.gov.

Planet Labs PBC (PL) reports a 42% revenue growth, strong defense sector performance, and strategic expansions despite competitive and geopolitical challenges.

Planet Labs PBC (NYSE:PL) reported record first-quarter fiscal 2027 revenue and raised its full-year sales outlook, citing strong demand from defense and intelligence customers, international governments seeking sovereign space capabilities, and expanding use of its AI-enabled geospatial products.

PL is set to report Q1 earnings on June 4 with expected $89.8M revenue (+35.5%) but a loss of 3 cents.