Key PointsSnowflake had a solid quarter and raised guidance for product sales, supported by demand for AI.A hint of increased collaboration with NVIDIA helped to support the market. Analysts are raising their targets and leading this stock to the high end of its trading range. 5 stocks we like better than SnowflakeSnowflake NYSE: SNOW shares have been floundering for the last two years, but those days are ending. The Q1 F25 results were solid, pointing to persistent growth, and the hint of increased collabo ...

Key TakeawaysCloud storage provider Snowflake missed first-quarter profit expectations and scaled back its full-year operating income guidance when it reported earnings after the bell Wednesday.Snowflake's revenue came in better than analysts expected, however, benefiting from continued strong artificial intelligence (AI) product demand.Snowflake shares rose in early trading Thursday, before reversing course to finish lower. Snowflake (SNOW) shares declined Thursday after the cloud data storage provider mis ...

Despite an AI-driven boom for tech stocks, Snowflake's share price is down 14% over the last year.Snowflake (SNOW -6.10%) stock is losing ground in Thursday's trading. The company's share price was down 5.8% as of 3 p.m. ET, according to data from S&P Global Market Intelligence.After the market closed on Wednesday, Snowflake published the results for the first quarter of its 2025 fiscal year, which ended April 30. While the company's sales came in ahead of the market's expectations, earnings for the period ...

For the quarter ended April 2024, Snowflake Inc. (SNOW) reported revenue of $828.71 million, up 32.9% over the same period last year. EPS came in at $0.14, compared to $0.15 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $786.95 million, representing a surprise of +5.31%. The company delivered an EPS surprise of -17.65%, with the consensus EPS estimate being $0.17.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...

Software solutions provider Snowflake (SNOW) reported a moderate start to the fiscal year with first-quarter revenue topping expectations. Although the company missed on earnings estimate, upbeat guidance sent shares up by 4.4% in after hours on May 22, 2024.This puts focus on Snowflake-heavy ETFs likeSpear Alpha ETF (SPRX) , TrueShares Technology, AI & Deep Learning ETF (LRNZ) and Global X Cloud Computing ETF (CLOU) . The cloud-based data warehousing company announced that its revenue for the quarter was $ ...

Snowflake is one of the fastest-growing tech stocks out there.In this video, I will cover Snowflake's (SNOW 0.39%) first-quarter earnings, which were better than expected, but the stock remains extremely expensive when you consider the guidance provided.*Stock prices used were from the trading day of May 22, 2024. The video was published on May 22, 2024. ...

财务数据和关键指标变化 - 第一季度产品收入为7.9亿美元,同比增长34% [18] - 剩余履约义务总额达50亿美元,同比增长加速至46% [19] - 非GAAP调整后自由现金流率为44% [19] 各条业务线数据和关键指标变化 - 公司的核心业务非常强劲,正处于将世界级数据平台带给全球客户的早期阶段 [8] - 公司正在加大对AI的投资,AI将为公司的平台、协作和应用程序带来强大的网络效应,推动公司的增长 [7][11] - 公司的Cortex AI产品自推出以来获得了超过750家客户的采用 [11] - 公司的Snowpark容器服务和Iceberg功能将于今年下半年正式推出,这些新功能被视为公司的新兴业务 [12][61][63] 各个市场数据和关键指标变化 - 公司在金融服务、技术和医疗保健行业的增长表现优于其他行业 [92] - 公司在欧洲市场的消费在4月有所放缓,这是由于复活节等节假日因素造成的季节性影响 [40][41] 公司战略和发展方向及行业竞争 - 公司将继续专注于产品创新,加快推出新功能,如Cortex AI、Iceberg和Hybrid Tables等 [6][61][63] - 公司正在加强销售和营销团队,以更好地推广新产品并提高执行效率 [10][84][86] - 公司正在与众多合作伙伴合作,利用他们的能力和客户群来扩大自身的影响力 [15] 管理层对经营环境和未来前景的评论 - 管理层对公司的核心业务和增长前景保持乐观 [8][9] - 管理层认为AI将为公司带来巨大的机遇,并将成为推动公司未来增长的关键驱动力 [7][11] - 管理层表示,公司将继续专注于产品创新和销售执行力的提升,以推动未来的增长 [6][10] 问答环节重要的提问和回答 问题1 **Keith Weiss 提问** 询问公司查询量加速的驱动因素,以及价格压力来源 [24][25] **Sridhar Ramaswamy 回答** 公司的核心业务增长来自新客户和现有客户的扩张,不同类型的工作负载如AI和数据工程都有所增长,这些都推动了查询量的增加 [25] 问题2 **Mark Murphy 提问** 询问公司训练Arctic语言模型的架构优势,以及未来GPU支出的预期 [27][28] **Sridhar Ramaswamy 和 Mike Scarpelli 回答** 公司在架构设计和数据集选择等方面进行了大量实验,以提高训练效率。同时,公司将继续投资AI,包括人员和GPU支出,以把握这一重要机遇 [29][30] 问题3 **Kirk Materne 提问** 询问客户使用Cortex AI的时间到价值,以及公司递延收入的变化情况 [33][35] **Sridhar Ramaswamy 和 Mike Scarpelli 回答** Cortex AI的设计使客户无需大量前期投入即可获得价值,递延收入季度间变化是正常的季节性因素 [34][35][36]

Join us in returning to NYC on June 5th to collaborate with executive leaders in exploring comprehensive methods for auditing AI models regarding bias, performance, and ethical compliance across diverse organizations. Find out how you can attend here.Today, data ecosystem giant Snowflake announced it has entered a definitive agreement to acquire TruEra, an AI startup providing tools to test, debug and monitor machine language (ML) models and large language model (LLM) apps in production.While the terms of t ...

Snowflake Inc. (SNOW) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -17.65%. A quarter ago, it was expected that this company would post earnings of $0.17 per share when it actually produced earnings of $0.35, delivering a surprise of 105.88%.Over the last four quarters, the company ...

Snowflake stock jumped late Wednesday after the data analytics company gave a mixed first-quarter report. Earnings came in below analyst expectations, but revenue exceeded consensus. Snowflake (SNOW) boosted its sales outlook for the rest of the year.X The software firm said that it earned an adjusted 14 cents per share on sales of $828.7 million for the April-ending quarter. On average, analysts projected that Bozeman, Mont.-based Snowflake would post adjusted earnings of 18 cents per share on sales of $78 ...