Snowflake: Time To Load Up The Truck
SNOWSnowflake(SNOW) Seeking Alpha·2024-06-29 23:36

BlackJack3D Since the company's earnings report at the end of May, Snowflake (SNOW) has seen serious pricing weakness, although the earnings report was quite solid. The data cloud service provider generated very strong top line growth, saw a sequential revenue acceleration and raised its guidance for full-year revenues. Nonetheless, the company’s shares fell to a new 1-year low in June on concerns over profitability. I believe investors are massively overreacting to the company’s earnings report and I think ...