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Snowflake shares sink on weak forecast, surprise CEO retirement

Snowflake shares slid 23% on
Thursday after the cloud data storage services provider
projected annual revenue below Wall Street estimates and
disclosed a surprise retirement of long-time CEO Frank. ....

Frank Slootman , Gil Luria , Sriraj Kalluvila , Akash Sriram , Eric Compton , Sridhar Ramaswamy , York Stock Exchange , New York Stock Exchange , Wall Street , Iceberg Tables ,

Snowflake Inc. (NYSE:SNOW) Q4 2024 Earnings Call Transcript

Snowflake Inc. (NYSE:SNOW) Q4 2024 Earnings Call Transcript February 28, 2024 Snowflake Inc. beats earnings expectations. Reported EPS is $0.35, expectations were $0.17. Snowflake Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and welcome to the Q4 Fiscal […] ....

San Francisco , United States , Mike Scarpelli , Mark Murphy , Financial Services , Iceberg Tables , Investor Day , Data Cloud Summit , Developing Economies , Slow Growth Rates , Buy Real Estate According ,

snowflake stock update: Snowflake shares sink 21% on weak forecast, surprise CEO retirement

Snowflake expects product revenue of $3.25 billion in fiscal year 2025, and between $745 million and $750 million for the quarter ending April, both below Wall Street expectations. ....

Gil Luria , Eric Compton , Frank Slootman , Sridhar Ramaswamy , York Stock Exchange , New York Stock Exchange , Wall Street , Iceberg Tables ,