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Snowflake Stock Eyes Best Day Ever After Earnings
SNOWSnowflake(SNOW) Schaeffers Investment Research·2024-11-21 15:13

Snowflake Inc (NYSE:SNOW) stock is up 31.1% to trade at 169.31atlastglance,ontrackforitsbest−eversingle−daypercentagegainafterthesoftwaremaker reportedathird−quarterearningsbeato 20centspershareandbetter−than−expectedrevenueof169.31at 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 3.43billioninfiscal2025productrevenue,whichiswellabovethe3.43 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 ...