Arnd Wiegmann/ReutersAfter beating estimates in the second quarter, shares of Palantir rose as high as 9% Thursday.According to the company, it has closed 62 deals of $1 million or more. 21 of those deals were worth more than $10,000,000.Analyst estimates of $380 million for Palantir's third quarter revenue are higher than those of Palantir.Subscribe to our daily newsletter 10 Things Before The Opening Bell.After the company reported second quarter earnings that beat analysts estimates, shares of Palantir rose as high as 9% Thursday.Data analytics company, Data Analytics, said it closed 62 deals in the quarter worth at least $1 million. 21 of those deals were worth more that $10 million and 30 of those deals were worth more than $5million.Palantir gained 20 new customers during its second quarter. Total customers increased by 13% and commercial customers by 32%, respectively.These are the main numbers:Revenue: $375.6 Million compared to $361.1 Million estimates3775.6 million versus $361.1million estimates. Adjusted earnings per Share: $0.04 versus $0.03Palantir anticipates strong revenue growth with 49% year-over year. The company provided third-quarter revenue guidance for $385 million. This was higher than analyst estimates of $380 million. It also expects adjusted operating margins to be 22%.Palantir's guidance for adjusted cash flow was increased to $300 million for the entire year. This is more than twice its prior estimate of $150 million. The company also reiterated its long-term forecast for revenue growth of 30% annually through 2025.Palantir continues to invest in SPAC mergers transactions. It uses these deals to cement business contracts for emerging growth companies. According to Palantir, it made $250 million investment commitments in SPAC transactions during the third quarter.
