Snowflake shares jump after quarterly results beat and raised outlook
Snowflake climbed 20% in early Thursday after adjusted earnings of 62 cents beat the 45-cent consensus. Revenue was $1.55 billion, up 35% from a year ago, and the company raised its outlook for the year.
Snowflake NYSE:SNOW climbed 20% in early Thursday after its latest quarterly figures topped Wall Street estimates and the company raised its outlook for the year.Adjusted earnings came in at 62 cents a share, ahead of the 45-cent analyst consensus.
Revenue reached $1.55 billion, up 35% from a year…