Snowflake reported Q2 FY27 revenue of $1.55 billion, up 35% year-over-year, driven by accelerating AI product adoption. Despite beating earnings estimates with a non-GAAP EPS of $0.62, management revealed a trimmed product gross margin guidance of 74%, down from 75%, due to higher costs from AI offerings. CEO Sridhar Ramaswamy highlighted rapid customer growth and platform usage fueled by AI, but CFO Brian Robbins noted AI products have lower margins than the core platform. Investors will watch if core platform growth can offset margin pressure as Snowflake guides for continued strong revenue and improved operating margins in Q3.
Ford plans to sell over 100,000 units of its new Fathom electric truck in its first production year, priced around $30,000. The Fathom features Apple Maps integration and Ford's hands-free BlueCruise system, with more passenger space than the Toyota ...
Snowflake's stock surged 23% following a fiscal Q2 report that beat revenue and earnings expectations, with revenue up 35% year-over-year to $1.55 billion and adjusted earnings of 62 cents per share. The company raised its full-year product revenue f...
Snowflake Inc reported adjusted earnings per share of 62 cents, surpassing the 45 cents expected by analysts, with quarterly revenue of $1.55 billion beating estimates. The company's net loss narrowed significantly to $191.7 million from $297.9 milli...
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...
