Snowflake shares slid 23% on
Thursday after the cloud data storage services provider
projected annual revenue below Wall Street estimates and
disclosed a surprise retirement of long-time CEO Frank.
Snowflake Inc. (NYSE:SNOW) Q4 2024 Earnings Call Transcript February 28, 2024 Snowflake Inc. beats earnings expectations. Reported EPS is $0.35, expectations were $0.17. Snowflake Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and welcome to the Q4 Fiscal […]
Snowflake expects product revenue of $3.25 billion in fiscal year 2025, and between $745 million and $750 million for the quarter ending April, both below Wall Street expectations.