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Snowflake surges 13% on earnings beat as company expands AI push
SNOWSnowflake(SNOW) CNBC·2025-02-27 14:26

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 987millioninrevenue,surpassingthe17centspershareand987 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 their end-to-end data lifecycle, and we are laser-focused on ...