Snowflake says exec shared unauthorized guidance in Instagram street interview

Core Viewpoint - Snowflake Inc faced scrutiny after an executive provided unauthorized financial guidance in a public interview, prompting the company to file a report with the Securities and Exchange Commission to clarify that the statements should not be relied upon by investors [1][2][3] Group 1: Unauthorized Financial Guidance - An unnamed executive from Snowflake shared financial projections during an Instagram interview, stating the company expects to exceed $4.5 billion in revenue for the current year and aims to reach $10 billion in a couple of years [3] - The company emphasized that the executive is not an authorized spokesperson for disclosing financial information, as per its Corporate Disclosure Policy [2] Group 2: Public Response and Impact - The Instagram video featuring the executive has garnered significant attention, with 2.5 million views, indicating a high level of public interest in Snowflake's financial outlook [3] - Snowflake has not provided immediate comments regarding the situation following the unauthorized disclosure [3]