These Analysts Boost Their Forecasts On Snowflake After Upbeat Q1 Results

Snowflake Inc. SNOW posted better-than-expected earnings and sales results for the first quarter on Wednesday.Snowflake reported first-quarter revenue of $1.04 billion, beating analyst estimates of$1.01 billion. The AI data cloud company reported adjusted earnings of 24 cents per share, beating analyst estimates of 21 cents per share, according to Benzinga Pro."Snowflake's mission is to empower every enterprise to achieve its full potential through data and AI," said Sridhar Ramaswamy, CEO of Snowflake. "O ...