Snowflake · $1.55 billion · Snowflake
Snowflake shares jump 20% after Q2 revenue beats estimates at $1.55 billion: Snowflake reported Q2 revenue of $1.55 billion, representing a 35% year-over-year increase and beating analyst estimates of $1.48 billion. The company also forecasted Q3 and FY 2027 product revenue above expectations. Following the announcement, Snowflake shares jumped over 20% in after-hours trading.
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Snowflake shares jump 20% after Q2 revenue beats estimates at $1.55 billion: Snowflake reported Q2 revenue of $1.55 billion, representing a 35% year-over-year increase and beating analyst estimates of $1.48 billion. The company also forecasted Q3 and FY 2027 product revenue above expectations. Following the announcement, Snowflake shares jumped over 20% in after-hours trading.