Wrapping up Q2 earnings, we look at the numbers and key takeaways for the data & business process services stocks, including Planet Labs (NYSE:PL) and its peers.
Planet Labs GmbH, a leading provider of daily data and insights about Earth, today announced plans to begin production of next-generation, high-resolution Pelican satellites in Germany. This strategic decision will help Planet better meet growing demand from the European market, responding to an urgent need for persistent and high-performance satellite and intelligence solutions.
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Shares of earth imaging satellite company Planet Labs (NYSE:PL) jumped 5% in the morning session after the company announced that its Tanager-1 satellite's data products were now available for customers to buy.
Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, announced the general availability of its Tanager-1 satellite’s data products to customers today in celebration of the one-year anniversary of the satellite’s first light images. Planet customers will now be able to purchase Tanager™ core imagery to support analyses of Earth’s surface and atmosphere, as well as a new Methane Quicklook product generated in collaboration with Carbon Mapper.
Shares of earth imaging satellite company Planet Labs (NYSE:PL) jumped 2.5% in the morning session after the stock extended its positive momentum as analysts raised their price targets on the stock, citing the company's recent strong financial performance and upbeat outlook.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Broadridge (NYSE:BR) and the best and worst performers in the data & business process services industry.
Shares of earth imaging satellite company Planet Labs (NYSE:PL) jumped 4.2% in the afternoon session after analysts raised their price targets on the stock, citing the company's recent strong financial performance and upbeat outlook.
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Planet Labs PBC (NYSE:PL) today announced the closing of $460,000,000 aggregate principal amount of 0.50% Convertible Senior Notes due 2030 (the “notes”), including the exercise in full of the option granted to the initial purchasers to purchase up to $60,000,000 aggregate principal amount of notes.
Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today released first light images from its Pelican-3 satellite of Turin, Italy. It was taken on September 5, 2025, from an altitude of 458 km. Image quality is expected to improve as the spacecraft complete the instrument calibration process and reach their final operational orbits. Pelican-3 and Pelican-4 launched on SpaceX’s Falcon 9 NAOS mission on August 26, 2025.
Shares of earth imaging satellite company Planet Labs (NYSE:PL) jumped 10.5% in the afternoon session after investor enthusiasm improved around its recent major contract wins and advancements in its AI-driven data platform.
A number of stocks fell in the afternoon session after markets pulled back, reversing early gains, as investor sentiment remained cautious despite a softer-than-expected inflation reading.
Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced Scott Reese has been elected to Planet’s board of directors by stockholder written consent, to be effective later this year. Mr. Reese is the Chief Executive Officer of the Electrification Software business at GE Vernova (NYSE: GEV), a $150 billion plus market capitalization purpose-built global energy company.
Planet Labs PBC (NYSE:PL) today announced the pricing of $400,000,000 aggregate principal amount of 0.50% Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased from the previously announced offering size of $300,000,000 aggregate principal amount of the notes. Planet also granted the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date the notes are first issued, up to an additional $60,000,000 aggregate principal amount of the notes solely to cover over-allotments. The sale of the notes to the initial purchasers is expected to settle on September 12, 2025, subject to customary closing conditions.
Shares of earth imaging satellite company Planet Labs (NYSE:PL) fell 10.7% in the afternoon session after the company announced a proposed $300 million private offering of convertible senior notes due 2030.
Shares of Planet Labs are trading lower Tuesday morning. The company announced a proposed private offering of $300 million in convertible senior notes due 2030.
