Snowflake raises fiscal 2027 product revenue forecast to $6.07B
Snowflake (SNOW) raised its full-year product revenue forecast. It now expects fiscal 2027 product revenue of $6.07 billion versus a prior forecast of $5.84 billion, citing demand for its cloud data platform and AI offerings.
Snowflake NYSE:SNOW raised its full-year product revenue forecast on Wednesday, betting on strong demand for its cloud data platform and AI offerings.The company now expects fiscal 2027 product revenue of $6.07 billion, compared with its previous forecast of $5.84 billion.Snowflake has benefited fr…