Snowflake Q4 Tops Estimates; Issues Guidance

MT Newswires Live

02-27

Snowflake (SNOW) reported fiscal Q4 non-GAAP diluted earnings Wednesday of $0.30 per share, down from $0.35 a year earlier.

Analysts polled by FactSet expected $0.18.

Revenue for the quarter ended Jan. 31 was $986.8 million, up from $774.7 million a year earlier.

Analysts surveyed by FactSet expected $956.9 million.

The company said it expects product revenue of $955 million to $960 million for fiscal Q1 and $4.28 billion for fiscal 2026.

Analysts expected $961 million for the quarter and $4.23 billion for the year.

The stock was up over 9% in extended trading.

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