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The new forecast represents 26% year-over-year growth. It also raised Snowflake's operating income margin guidance from 3% to 5%. ... Snowflake's stock struggled earlier in the year due to ...
(Reuters) -Snowflake's shares surged more than 28% on Thursday after the data analytics provider raised its annual product revenue forecast, signaling growing demand for cloud-based data storage ...
Amid the renewed confidence in Snowflake stock, investors have gone from questioning whether it is a buy to asking whether it is too late to buy into this recovery. ... The company forecasts ...
The midpoint of Snowflake's fiscal Q4 product revenue forecast of $908.5 million was significantly higher than the $884.5 million analyst estimate. ... But is the stock worth buying right now ...
Is Snowflake Stock a Buy Now? - AOL
Snowflake has seen robust year-over-year revenue growth, and many analysts consider its stock a buy. Learn about Snowflake's future outlook before investing.
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 ...
Snowflake, whose customers include more than 200 of the Fortune 500 companies, expects product revenue for fiscal 2023 to grow between 65% and 67%, far lower than 2022's 106%. The metric is ...
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