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Snowflake Stock Rallies on Rising Revenue
SNOWSnowflake(SNOW) Kiplinger.com·2025-02-27 14:39

Snowflake (SNOW) stock is surging Thursday after the cloud company beat top- and bottom-line expectations for its fiscal 2025 fourth quarter, issued a better-than-expected revenue forecast for 2026 and announced an expanded partnership with Microsoft (MSFT).In the three months ending January 31, Snowflake's revenue increased 27.4% year over year to 986.8million,boostedbyproductrevenuegrowthof27.8986.8 million, boosted by product revenue growth of 27.8% to 943.3 million. Earnings per share (EPS) declined 14.3% from the year-ago period to 30 cents."We de ...