#snowflake-earnings

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#securities-litigation #profitability-concerns #stock-decline #revenue-growth
Venture
from24/7 Wall St.
3 hours ago

Snowflake's $7.88 Billion Revenue Backlog Is Impressive. The April 27 Lawsuit Deadline Is Not

Snowflake achieved record quarterly revenue with 29.2% year-over-year growth, but stock declined 20% amid profitability concerns and securities class action lawsuits alleging misstatements about product efficiency features.
Venture
from24/7 Wall St.
1 day ago

Snowflake's AI Transition Hinges on One Number the Company Will Report Tonight

Snowflake's remaining performance obligation (RPO) of $7.88 billion, growing 37% year-over-year with accelerating trajectory, indicates strong customer confidence in its AI-driven platform transition and future revenue potential.
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