The new product features that Snowflake is referring to are its artificial intelligence (AI)-focused offerings. The company has lined up a number of generative AI-based products for launch in the ...

On a Wednesday afternoon stuffed with tech earnings news, the biggest surprise was Snowflake’s announcement that CEO Frank Slootman had decided to retire, effectively immediately, handing over ...

The sales deceleration really picks up speed in the current quarter and into year-end. Snowflake guided to FQ3 product revenue of up to $855 million, up 22% from FY24. The product revenues are ...

21, Snowflake reported its second-quarter results, which went up until the end of July. The company's revenue for the quarter totaled $868.8 million, a year-over-year increase of 29%. While the ...

In 2Q24, the software company produced $829 million in sales, up 5% QoQ. Snowflake’s forecast for the present financial year still calls for 26% YoY product sales growth, so while the software ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

For the January quarter, Snowflake reported product revenue of $738.1 million, above the company's forecast range of $716 million to $721 million. Overall revenue was $774.7 million, up 32% ...

Salesforce gradually sold all of its shares of Snowflake throughout 2021 and 2022, but during that period, Berkshire Hathaway held on to all 6.13 million of the shares it picked up in the IPO.

Looking ahead, Snowflake guided for full-year product revenue of approximately $3.36 billion, representing 26% year-over-year growth. That's up from a prior outlook of $3.3 billion. It continues ...

Powered by Snowflake, which expands the traditional definition of ‘partner,’ now has more than 100 companies developing SaaS data solutions on the Snowflake data cloud platform. Data cloud ...

Snowflake's second-quarter revenue grew from the year-ago period and beat analysts' projections, but losses widened as costs rose. The company's outlook also missed analysts' estimates compiled ...

Snowflake Inc. beat expectations for the latest quarter and boosted its guidance, but shares of the data-software company were still moving lower in Wednesday’s extended session. An analyst said ...