Planet Labs PBC reported earnings results for the first quarter ended April 30, 2022. For the first quarter, the company reported sales was USD 40.13 million compared to USD 31.96 million a year ago. Net loss was USD 44.36 million compared to USD 29.26 million a year ago.

Basic loss per share from continuing operations was USD 0.17 compared to USD 0.64 a year ago. Diluted loss per share from continuing operations was USD 0.17 compared to USD 0.64 a year ago.