NEWSUPDATE: Snowflake reports Q2 revenue up 36% YoY to $674M vs. $662M est., net loss of $227M vs. $223M in Q2 2022, and forecasts Q3 product revenue in line with estimates (Emily Bary/MarketWatch)

Thursday, 24 August 2023

Snowflake reports Q2 revenue up 36% YoY to $674M vs. $662M est., net loss of $227M vs. $223M in Q2 2022, and forecasts Q3 product revenue in line with estimates (Emily Bary/MarketWatch)

Emily Bary / MarketWatch:
Snowflake reports Q2 revenue up 36% YoY to $674M vs. $662M est., net loss of $227M vs. $223M in Q2 2022, and forecasts Q3 product revenue in line with estimates — Company logs a sizable beat on adjusted earnings — Snowflake Inc. broke from its pattern of outlook cuts Wednesday afternoon …

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