Snowflake Q1 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise
Snowflake (SNOW) reported first-quarter fiscal 2026 non-GAAP earnings of 24 cents per share, beating the Zacks Consensus Estimate by 9.09%. The company reported earnings of 14 cents per share in the year-ago quarter.Revenues of $1.04 billion beat the consensus mark by 3.74% and rallied 25.7% year over year. Americas, EMEA (Europe, the Middle East and Africa) and APJ (Asia Pacific and Japan) contributed 78%, 16% and 6% to revenues, respectively.Snowflake shares gained 10.88% in pre-market trading. Its shares ...