DELAYED UPDATE — Snowflake Q2 beats; raised guidance as AI products drive growth
Snowflake reported a Q2 beat versus expectations with rising revenue and EPS, plus positive free cash flow. The company raised guidance, citing AI products such as Cortex Code and CoWork supporting customer adds and platform use.
Snowflake, Inc. (NYSE:SNOW) beat Q2 expectations with rising revenue, an EPS beat and positive free cash flow, while raising guidance as AI products such as Cortex Code and CoWork drove customer adds and platform use. Analysts lifted price targets amid recognition of Snowflake as a leading AI data-infrastructure…