Your Financial Assistant
RomainRoth

Romain Roth

Pro Investor 28 copieurs
My profile on eToro

Dear Etorians,

2023-11-30

Dear Etorians, Cloud-based data storage and analytics service specialist $SNOW reported better-than-expected third-quarter results. On an adjusted basis, the group generated earnings per share of 25 cents, well above the consensus of 16 cents. Product revenue jumped 32% to $734.20 million compared to expectations of $713.8 million. For the fourth quarter, Snowflake is targeting revenue between $716 million and $721 million, an increase of 29% to 30%. The market targets only $696 million. The stcok jumped 8% at the opening of the markets.

Never Miss an Opportunity