Planet Reports Financial Results for Second Quarter of Fiscal 2024
Second quarter gross margin was 49%, compared to 48% in the second quarter of fiscal year 2023.
- Second quarter gross margin was 49%, compared to 48% in the second quarter of fiscal year 2023.
- Second quarter Non-GAAP Gross Margin(1) was 52%, compared to 52% in the second quarter of fiscal year 2023.
- (1) Please see “Planet’s Use of Non-GAAP Financial Measures” below for a discussion on how Planet calculates the non-GAAP financial measures presented herein.
- The actual amount of these expenses during the third quarter of fiscal year 2024 and fiscal year 2024 will have a significant impact on Planet’s future GAAP financial results.