Data analysis company Palantir Technologies Inc. raised its annual revenue outlook Thursday after it posted better-than-expected sales in the third quarter on increasing demand for its software.

In its first quarterly report since going public in September, the company said it now sees revenue of at least $1.07 billion for the year, compared with a previous projection of at least $1.05 billion.

Palantir…

This post first appeared on wsj.com

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