Snowflake Raises Fiscal Year Product Revenue Guidance
December 01 2021 - 04:44PM
Dow Jones News
By Maria Armental
Snowflake Inc. raised its product revenue projections for the
year, following a stronger-than-expected performance in the third
quarter.
The company said it now expects product revenue for the year to
reach $1.12 billion to $1.13 billion, up from its earlier view of
$1.06 billion to $1.07 billion.
This quarter, it projects $345 million to $350 million in
product revenue, compared with analysts' projected $316 million,
according to FactSet.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
December 01, 2021 16:29 ET (21:29 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Snowflake (NYSE:SNOW)
Historical Stock Chart
From Feb 2024 to Mar 2024
Snowflake (NYSE:SNOW)
Historical Stock Chart
From Mar 2023 to Mar 2024