Snowflake Stock Eyes Best Day Ever After Earnings
SNOWSnowflake(SNOW) Schaeffers Investment Research·2024-11-21 23:13

Snowflake Inc (NYSE:SNOW) stock is up 31.1% to trade at $169.31at last glance, on track for its best-ever single-day percentage gain after the software maker reported a third-quarter earnings beat o  20 cents per share and better-than-expected revenue of $942 million. In addition, the company anticipates $3.43 billion in fiscal 2025 product revenue, which is well above the $3.36 billion forecasted three months ago. Snowflake also added 369 customers to bring its total up to 10,618 at the end of October, whi ...