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Here's why the stock's drop was confusing for some: In the quarter, Snowflake generated product revenue of $829 million, which was way ahead of the $810 million that had been the top of management ...
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Why Snowflake Stock Was Sliding Today. Jeremy Bowman, The Motley Fool. August 22, 2024 at 8:33 AM. Shares of Snowflake (NYSE: SNOW) ...
The drop in Snowflake's earnings was attributable to a contraction in its margins. More specifically, Snowflake's adjusted gross margin fell by 1 percentage point to 73% last quarter.
Before you buy stock in Snowflake, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Snowflake wasn ...
While many tech and artificial intelligence stocks have been flying high this year, Snowflake (NYSE: SNOW) is going in the opposite direction. Down 43% year to date, the cloud computing stock ...
Snowflake reported stock-based compensation, net of amounts capitalized, totaling $363.3 million last quarter, which was an increase of 22% from a year ago. As a percentage of revenue, it has ...
Why Snowflake isn't so expensive ... the 16 P/S ratio isn't far above the record low valuation for Snowflake. Moreover, the stock began its history as a much pricier stock since investors bid its ...