Snowflake jumps 24.3% in premarket after upbeat Q2 results
Snowflake rose 24.3% to $380 in premarket trading after reporting second-quarter revenue of $1.55 billion and adjusted earnings of 62 cents a share, both above analyst estimates.
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Snowflake jumps after Q2 revenue and adjusted earnings beat
Snowflake reported Q2 revenue of $1.55 billion versus $1.48 billion expected, with adjusted earnings of 62 cents per share versus 45 cents. Shares rose 23.1% to $376.60 in after-hours trading.