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August 21, 2024 at 6:21 PM. By Zaheer Kachwala. (Reuters) -Data cloud analytics firm Snowflake on Wednesday raised its forecast for full-year product revenue, as it attracts more clients to its ...
Fool.com contributor Parkev Tatevosian evaluates the latest developments at Snowflake (NYSE: SNOW). *Stock prices used were the afternoon prices of Sept. 5, 2024. The video was published on Sept ...
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.
Snowflake Inc. was founded in July 2012 in San Mateo, California by Benoît Dageville, Thierry Cruanes and Marcin Żukowski. Dageville and Cruanes previously worked as data architects at Oracle Corporation; Żukowski was a co-founder of Vectorwise. Mike Speiser, a venture capitalist at Sutter Hill Ventures, which provided early funding to the ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Snowflake wasn’t one of them. The 10 stocks that made the cut ...
Snowflake's bigger problem may lie with the bottom line. A near-30% growth rate could make Snowflake a good stock to buy -- if it weren't for its brutal losses. Last quarter, the company's net ...
It also forecast an adjusted operating margin of 3%. For the full year, management raised its product revenue forecast to $3.356 billion -- growth of about 26% -- but that implies a moderate ...
Stock market prediction. Stock market prediction is the act of trying to determine the future value of a company stock or other financial instrument traded on an exchange. The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available ...
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