SNOW - Snowflake Analysts Raise Their Forecasts After Upbeat Results | Benzinga
Snowflake Inc. (NASDAQ: SNOW) reported better-than-expected third-quarter financial results.
Snowflake said third-quarter revenue increased 32% year-over-year to $734.17 million, which beat the consensus estimate of $712.78 million, according to Benzinga Pro. The company reported quarterly earnings of 25 cents per share, which beat analyst estimates of 16 cents per share.
Snowflake sees fourth-quarter product revenue in a range of $716 million to $721 million, up 29% to 30% year-over-year. The company expects full-year product revenue of $2.65 billion, up 37% ...