Snowflake reported fiscal Q2 earnings with adjusted EPS of 62 cents beating the expected 45 cents, and revenue of $1.55 billion surpassing the $1.48 billion forecast. The company highlighted strong growth in its AI coding agent CoCo, which gained over 2,000 new accounts this quarter, reaching 9,100 total. Snowflake raised its fiscal year product revenue forecast to $6.07 billion from $5.84 billion and expects a higher adjusted operating margin of 14.5%. Following the results, shares surged 22% in after-hours trading, marking one of the largest jumps since its 2020 IPO. Management will discuss results further in a conference call.
Snowflake reported strong Q2 2026 results with earnings per share of $0.62, beating estimates of $0.45, and revenue of $1.55 billion, surpassing the expected $1.48 billion. The company achieved a 35% year-over-year revenue increase, driven by its rol...
Snowflake Inc reported Q2 fiscal 2027 revenue of $1.55 billion, beating analyst estimates of $1.48 billion, with adjusted EPS of $0.62 surpassing the $0.45 forecast. The company raised its full-year product revenue guidance to $6.07 billion from $5.8...
Sayari has partnered with Snowflake to rebuild its Commercial World Model, a comprehensive map of global companies and trade relationships. This upgrade enables Sayari to access up to 75% more data from its extensive archive of 12 billion records, us...
Leading software stocks Snowflake, Datadog, and Cloudflare fell 4-6% as investors rotated out of high-multiple software names despite the broader tech index remaining stable. Snowflake's earnings report due after market close is coincidental to the s...
Wall Street futures fell with the Nasdaq down 0.6% and S&P 500 down 0.2%, reflecting investor concerns over escalating US-Iran tensions after recent US strikes on Iran. Brent crude oil prices surged above $95 a barrel, driven by fears of further conf...
