Jakub Porzycki | Nurphoto | Getty Images
Snowflake shares popped more than 13% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results.
The company reported adjusted earnings of 30 cents per share on $987 million in revenue, surpassing the 17 cents per share and $956 million in sales expected by analysts polled by LSEG. That reflected 27% year-over-year revenue growth.
“We see tremendous opportunities ahead to support our customers throughout…
Article Source
https://www.cnbc.com/2025/02/27/snowflake-surges-13percent-on-earnings-beat-as-company-expands-ai-push.html
