Snowflake shares jump after fiscal Q2 product revenue rises
Snowflake Inc. posted fiscal second-quarter product revenue of $1.49 billion, up 37% year over year. Shares jumped 17% following the results.
Snowflake Inc. (SNOW, Financials) is giving investors almost everything they could want from an AI software company, but the cost remains the issue. 49 billion, up 37% year over year. Total revenue rose 35 percent to $1…