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PLNT News18 articles
EGYM-Playlist $7.5B Merger Targets Healthcare and Corporate Fitness Spend
EGYM's $7.5 billion merger with Playlist aims to tap into healthcare and corporate budgets, leveraging data and connected fitness to unlock new revenue streams beyond memberships.
Planet Fitness Shares Dive 31% on Slashed 2026 Outlook and Membership Woes
Planet Fitness shares plummeted 31% after the company slashed its 2026 growth targets and paused a planned Black Card price hike due to weak member growth and increased competition.
Planet Fitness Shares Dive 31% on Slashed 2026 Guidance, Weak Membership Growth
Planet Fitness shares tumbled 31% after the gym chain cut its 2026 outlook, citing weak first-quarter net member adds and lower same-club sales growth of about 1%.
PlanetiQ's New Satellite Boosts NOAA Weather Coverage
PlanetiQ's GNOMES-11 satellite has entered commissioning, adding a new orbital path to meet NOAA's enhanced sampling requirements. The fleet is approaching 20,000 daily profiles.
NASA to Test Planet Labs' Hyperspectral Satellite Data for Earth Science
NASA has ordered a major evaluation of Planet Labs' Tanager hyperspectral data, covering over 250,000 square kilometers, to assess its suitability for scientific research.
Roman Telescope Nails Pointing Test, Exoplanet Imaging Next
NASA's Roman Space Telescope achieved precise pointing stability during recent tests, paving the way for its coronagraph to attempt direct imaging of exoplanets.
Planet Labs Stock Retreats Despite Record Revenue as Backlog Drops
Planet Labs (PL) posted record quarterly revenue, but a shrinking backlog and soft Q3 guidance sent shares lower after an initial premarket spike.
Planet Labs Stock Slides 9.5% as New Defense Deal Adds Little to Backlog
Planet Labs shares dropped 9.5% after announcing a one-year defense contract valued at up to $10 million, representing only 1.1% of its backlog. Investors await Q2 earnings.
Planet Labs Surges on SpaceX IPO Buzz, Dilution Risks Loom
Planet Labs surged 11% as space stocks rallied ahead of SpaceX's $75B IPO, but a $1.5B at-the-market program and ongoing losses raise dilution concerns.
Planet Labs Stock Plunges 26% on $1.5B ATM Offering Despite Record Revenue
Planet Labs shares plummeted 26% after unveiling a $1.5B at-the-market stock sale program, sparking dilution fears despite record revenue and government contract wins.
Planet Labs Shares Tumble 22% on $1.5 Billion ATM Stock Sale Plan
Planet Labs shares plunged 22% after announcing a $1.5 billion ATM stock sale, raising dilution fears despite record Q1 revenue and raised guidance.
Planet Labs Q1 Revenue Surges 42% to Record $94.2M, Backlog Hits $906M
Planet Labs posted record Q1 revenue of $94.2M, up 42% YoY, beating estimates. Backlog surged 72% to $906M on defense demand, but net loss ballooned to $138.9M on a $106.5M warrant revaluation.
Planet Labs Rallies Ahead of Holiday; Q1 Earnings in Focus
Planet Labs shares climbed 4.3% to $44.35 on Friday, up 6.6% for the week. The company will report fiscal first-quarter results on June 4.
Planet Labs Shares Dip But End Week Higher on Satellite Launches and European Contract
Planet Labs shares closed at $41.62 on Friday, down 3.3%, but posted a weekly gain of 6.6% amid new satellite launches and a European contract win.
Planet Labs Surges 11% on Greek Satellite Imaging Deal, Signaling EU Demand
Planet Labs shares surged 10.8% after a two-year, seven-figure contract with Greece's National Satellite Space Project, signaling growing European demand for satellite imagery.
Planet Labs Deploys Swedish Military Satellite Via SpaceX Rideshare
Planet Labs launched three Pelican satellites on a SpaceX rideshare, including the first for its Swedish Armed Forces deal. The satellites feature high-res imaging and Nvidia Jetson edge computing.
Interstellar Comet 3I/ATLAS Bears Water Signature from Frigid Exoplanetary System
ALMA measurements of deuterated water in interstellar comet 3I/ATLAS show a D/H ratio over 40 times Earth's oceans, indicating origin in a far colder system.
Planet Labs Surpasses Forecasts, Eyes AI Growth with Nvidia
Planet Labs announced fourth-quarter revenue of $86.8 million, a 41% increase, beating analyst estimates. The company also provided an optimistic revenue forecast for fiscal 2027 and highlighted its deepening AI collaboration with Nvidia.