Snowflake breaks its string of guidance cuts, but stock still moves lower after earnings

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Snowflake kept its full-year forecast steady in Wednesday's earnings report.

Snowflake Inc. broke from its pattern of outlook cuts Wednesday afternoon as it kept its forecast for the full year steady, but shares of the data-software company were dipping in after-hours action.

Revenue increased to $674 million from $497 million, while analysts were looking for $662 million. Snowflake generated $640 million in product revenue.Snowflake had a net retention rate of 142% in the fiscal second quarter, compared with 151% in the fiscal first quarter.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Nvidia earnings, Snowflake, Kohl's reports: 3 things to watch By Investing.comNvidia earnings, Snowflake, Kohl's reports: 3 things to watch
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Snowflake earnings: What to expect from the software companySoftware customers spent the past few quarters 'optimizing' their spending, and Snowflake is about to show whether those pressures are mitigating.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »