Planet Labs PBC (NYSE:PL) Q1 2024 Earnings Call Transcript

A – Will Marshall: Just to summarize, we’ve said that we delivered pretty solid Q1 results and had our strongest pipeline generation quarter in the company’s history. But they come in a bit lighter than we expected in the last — in recent weeks and so we’re responding by changing our spending plans and prioritizing around our investments around key customers and high ROI activities. And as a result, maintain our profitability guideline, and overall, I’d say our conviction remains high and the scale of the opportunity is high, backed by the tailwinds that we’ve seen in sustainability digital transformation piece of security and now as a further catalyst to AI, thanks for joining the call.

Operator: That concludes today’s call. Thank you for your participation, you may now disconnect your lines.