Planet Labs Earnings Miss
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poor earnings reportThe Motley Fool
•Business
Business & Economics
Why Planet Labs Stock Crashed on Friday

68% Informative
Planet Labs ( NYSE : PL) tumbled 15% through 11:35 a.m. ET Friday after the company reported last night that it had missed earnings forecasts.
Wall Street analysts forecast the Earth observation space stock would lose $ 0.02 per share in the fiscal 2025 fourth quarter on $61.9 million in sales.
Sales growth for the quarter was only 5% year over year.
The company tried to soften the blow from the poor earnings report this morning .
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