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Snowflake expects product revenue for the fourth quarter to be in the range of $716 million to $721 million, which is above analysts' average estimate of $700.3 million, according to data from LSEG.
(CTN News) - On Wednesday, Snowflake (NYSE: SNOW) announced that its quarterly product revenue is expected to exceed estimates...........
Spending on cloud-related software has been on the rise as more companies seek to benefit from an AI-linked rally in the technology sector over the past year. Snowflake expects product revenue for the fourth quarter to be in the range of $716 million to $721 million, which is above analysts' average estimate of $700.3 million, according to data from LSEG.
SNOW earnings call for the period ending September 30, 2023.
Snowflake expects product revenue for the fourth quarter to be in the range of $716 million to $721 million, which is above analysts' average estimate of $700.3 million, according to data from LSEG.