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@ Layer3.news
2025-02-26 21:50:26
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqg9c77w07e4jukfmpzj7hfnza8wt7wmzd4t99esm8wxd39g2wue68qvwn799
SNOWFLAKE GIVES STRONG SALES OUTLOOK WITH FOCUS ON AI ADOPTION
https://s.yimg.com/ny/api/res/1.2/FNQiG9WUxvxFvlCe_VMxdw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/bloomberg_technology_68/132227a555507034ea2280b57c7fea6f
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✍️ Snowflake Inc. projected better-than-expected revenue growth for the fiscal year, sending its shares jumping in extended trading.
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👉 Snowflake projected better-than-expected revenue growth for the fiscal year
👉 Product revenue is expected to increase about 24% to $4.28 billion in the year ending January 2026
👉 The company has 580 customers that spent more than $1 million over a trailing 12-month period
👉 Remaining performance obligations were $6.9 billion in the period ended Jan. 31
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#SridharRamaswamy #business
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