Snowflake Delivers Q3 Earnings, Revenue Beat. Software Maker Raises Full-Year Guidance.

By Investor's Business Daily   |   1 year ago
Snowflake Delivers Q3 Earnings, Revenue Beat. Software Maker Raises Full-Year Guidance.

Snowflake (SNOW) stock surged after beating Q3 earnings estimates and offering strong revenue guidance. The company's product revenue forecast for the year exceeded expectations. Analysts noted concerns about competition and AI development. Snowflake stock rose over 13% in extended trading.

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