Core Insights - Snowflake's Chief Revenue Officer, Mike Gannon, made statements regarding the company's future financial performance during an interview with social media influencer James Dumoulin, which led to an SEC filing [2][3] - Gannon projected that Snowflake would achieve over $4.5 billion in revenue by the end of the year and aims to reach $10 billion in the coming years, although this estimate exceeds the company's official guidance [3] Company Statements - The SEC filing clarified that Gannon is not an authorized spokesperson for Snowflake and that investors should not rely on his statements regarding future financial results [2][3] - Snowflake reaffirmed its third-quarter and fiscal year 2026 guidance, maintaining a revenue estimate of $4.395 billion, which is over $100 million lower than Gannon's projection [3] Influencer Impact - James Dumoulin, known as "theschoolofhardknockz," has a significant following with 5.6 million followers on TikTok and frequently interviews wealthy individuals [4] - Gannon expressed that he regularly watches Dumoulin's videos, indicating the influence of social media on corporate communications [4]
An influencer's interview with Snowflake's CRO triggered an 8-K filing