Palantir Technologies Inc. expects to generate $1 billion in revenue this year and break even for the first time in its 16-year history, offering shareholders a rare optimistic forecast in a badly bruised economy.
These and other details in financial documents reviewed by Bloomberg show a glimpse into the famously secretive company known as much for its government work as for its controversial co-founder, Peter Thiel. Among other things, the documents suggest Palantir is preparing to go public, though the coronavirus could pose an insurmountable barrier to that goal.
