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.
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Snowflake posts Q2 revenue and EPS above estimates
Snowflake reported fiscal second-quarter revenue of $1.55 billion and adjusted EPS of 62 cents, both above analyst estimates. It also raised third-quarter product revenue guidance and full-year adjusted operating margin outlook.