Snowflake 2024 Analyst Day Takeaways - It's All About The Revenue Per Query
SNOWSnowflake(SNOW) Seeking Alpha·2024-06-11 14:52

eravau/E+ via Getty Images Investment Thesis Snowflake (NYSE:SNOW) finds itself in an unfamiliar place nowadays. The maker of cloud data services and products has seen the pace of growth in its widely appreciated namesake cloud data product platform slow down drastically from its days of delivering almost 2x revenue with every quarter that used to go by. Then, in a shock announcement, its ex-CEO, Frank Slootman, announced his sudden retirement, zapping investors. Markets have not taken the recent developmen ...