TECH - Snowflake Q1 Earnings: Revenue Beat EPS Miss 'Strong Customer Interest' For AI Products And More | Benzinga
Snowflake Inc (NYSE:SNOW) reported financial results for the first quarter after the market close on Wednesday. Here’s a look at the key metrics from the quarter.
Q1 Earnings: Snowflake said first-quarter revenue increased 33% year-over-year to $828.7 million, beating the consensus estimate of $785.87 million, according to Benzinga Pro. The data cloud company reported quarterly earnings of 14 cents per share, missing analyst estimates of 18 cents per share.
Product revenue came in at $789.6 million, up ...