Snowflake (SNOW), a company that makes software for analyzing data, had great news! Their recent earnings report showed they made more money than expected.
This made investors happy, and the price of Snowflake's stock went up a lot.
The good news means Snowflake is doing well and might do even better in the future.
- Snowflake's sales grew by 27%.
- They made more money than experts predicted.
- The price of Snowflake stock jumped over 12%.
| Fact | Number |
|---|---|
| Revenue increase | 27% |
| Stock price increase | >12% |
| Predicted revenue growth (Fiscal 2026) | 24% |
