Snowflake's Positive Earnings Report and Outlook

Snowflake Inc. reported better-than-expected earnings and provided an upbeat outlook for the future. The company's product revenue for the January quarter is forecasted to be $906 million to $911 million, surpassing analysts' expectations. Snowflake's stock jumped 18% in after-hours trading. The company also announced plans to acquire data-integration platform Datavolo and a new partnership with artificial-intelligence company Anthropic. This positive news comes after a streak of three post-earnings declines. Overall, Snowflake's strong performance and optimistic outlook indicate a positive trend for the company.

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- TheStrategistTheStrategist
  ·2024-11-21
  $MicroStrategy(MSTR)$ 523 and still pumping to 97k Bitcoin. 163% ain't bad ya 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🔥🔥🔥🔥🔥🔥🔥🔥🔥🌙🌙🌙🌙🌙🌙🌙🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑
  24H｜Bitcoin Climbs Closer to $100,000; Marathon Digital Rises 12%, MicroStrategy Jumps 9.4%
  $NVIDIA Corp(NVDA)$ fell 2% in overnight trading. Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, with the artificial intelligence chipmaker failing to meet lofty expectat
  24H｜Bitcoin Climbs Closer to $100,000; Marathon Digital Rises 12%, MicroStrategy Jumps 9.4%
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- TheStrategistTheStrategist
  ·2024-11-21
  $MicroStrategy(MSTR)$ Sayling to 100k. 163% on the pump!!! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑
  24H｜Bitcoin Climbs Closer to $100,000; Marathon Digital Rises 12%, MicroStrategy Jumps 9.4%
  $NVIDIA Corp(NVDA)$ fell 2% in overnight trading. Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, with the artificial intelligence chipmaker failing to meet lofty expectat
  24H｜Bitcoin Climbs Closer to $100,000; Marathon Digital Rises 12%, MicroStrategy Jumps 9.4%
  1.70K Comment
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- Moqqa1Moqqa1
  ·2024-11-21
  $Snowflake(SNOW)$ $NASDAQ 100(NDX)$ Chilllu
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- SunshinekimSunshinekim
  ·2024-11-21
  Short but comprehensibe report. Thanks
  Post-Bell｜Dow Snaps 4-Day Skid, Nasdaq Slips; Snowflake Soared 19% on Earnings
  , Syfy, and Golf Channel, assets that generated about $7 billion in revenue in the 12 months ended Sept. 30. Comcast shares were up 1.6%.Keysight Technologies jumped 8.9% after fiscal fourth-quarter earnings at the test-equipment maker topped analysts' expectations. On an adjusted basis, Keysight earned $1.65 a share in the period, better than estimates of $1.57. Revenue declined 1.8% to $1.29 billion but beat estimates of $1.26 billion. For its fiscal first quarter, the company said it anticipa
  Post-Bell｜Dow Snaps 4-Day Skid, Nasdaq Slips; Snowflake Soared 19% on Earnings
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- MaverickWealthBuilderMaverickWealthBuilder
  ·2024-11-21
  Snowflake Surge 20%+ on Q3 Earnings, while Buffett Sold Off his stake
  $Snowflake(SNOW)$ surged 20% after hours after it beat market expectations and lifted guidance in Q3 FY2025.Ever since Warren Buffett's $Berkshire Hathaway(BRK.B)$ liquidated its position in SNOW in Q2, it has been on a path back up.Financials vs. market expectationsQ3 revenue was $942 million, up 28.3% year-over-year and significantly ahead of market expectations of $898 million.Non-GAAP EPS was $0.20, again beating market expectations of $0.15.Business Performance by SegmentProduct Revenue: Third quarter product revenue reached $900.0 million, an increase of 29% year-over-year, exceeding market estimates of $856.6 million and reflecting Snowflake's success in product expansion and customer attraction.R
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  Snowflake Surge 20%+ on Q3 Earnings, while Buffett Sold Off his stake

Snowflake's Positive Earnings Report and Outlook

24H｜Bitcoin Climbs Closer to $100,000; Marathon Digital Rises 12%, MicroStrategy Jumps 9.4%

24H｜Bitcoin Climbs Closer to $100,000; Marathon Digital Rises 12%, MicroStrategy Jumps 9.4%

Post-Bell｜Dow Snaps 4-Day Skid, Nasdaq Slips; Snowflake Soared 19% on Earnings

Snowflake Surge 20%+ on Q3 Earnings, while Buffett Sold Off his stake