PLANET LABS

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Sep 08 2024TECHNOLOGY

Planet Labs' Earthly Plunge: Is Profitability Just Around the Corner?

Planet Labs, the company aiming to capture Earth's every detail from space, took a nosedive on Friday. Shares plummeted 11% after the company reported missing earnings expectations for the second quarter of fiscal year 2025 and offered a revenue forecast for the next quarter that fell short of what

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