Snowflake shares jump after quarterly results and raised outlook
Snowflake stock climbed 20% in early Thursday after adjusted earnings of 62 cents a share topped the 45-cent analyst consensus and revenue reached $1.55 billion.
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 were 62 cents a share, above the 45-cent analyst consensus. Revenue reached $1.55 billion, up 35% from a year.