Snowflake shares jump after fiscal Q2 revenue and EPS beat
Snowflake Inc. shares rose 23.33% premarket after fiscal second-quarter revenue of $1.55 billion and product revenue of $1.49 billion. Adjusted EPS was $0.62 versus $0.45 LSEG consensus.
Snowflake Inc.
NYSE:SNOW rose 23.33% premarket after reporting fiscal second-quarter revenue of $1.55 billion, up 35% year over year, and product revenue of $1.49 billion, up 37%.
Adjusted earnings of $0.62 per share beat the $0.45 LSEG consensus.
The GAAP net loss narrowed to $191.7 million from…