What changed
Planet printed Q2 FY27 adjusted EPS of $0.02, beating consensus of -$0.02 by $0.04 (+193.9%). Revenue hit $116M, up 58.2% YoY. Guidance calls for Q3 FY27 revenue of $0.1B-$0.1B and FY2027 revenue of $0.4B-$0.4B. Record revenue was driven by strong execution and traction in satellite services, including landmark contract wins with the NGA and German government.
Why it matters
Planet printed Q2 FY27 adjusted EPS of $0.02, beating consensus of -$0.02 by $0.04 (+193.9%). Revenue hit $116M, up 58.2% YoY. Guidance calls for Q3 FY27 revenue of $0.1B-$0.1B and FY2027 revenue of $0.4B-$0.4B. Record revenue was driven by strong execution and traction in satellite services, including landmark contract wins with the NGA and German government.