Data cloud analytics firm Snowflake beat expectations in its fiscal second quarter, but the company’s stock still dropped amid a widening net loss compared to the same period in 2023.
Snowflake reported revenue of $868 million, marking a 29% year-over-year jump and coming above analysts’...
While some tech companies have had a rough second quarter, the same couldn’t be said for the cloud data company Snowflake. Announcing its Q2 earnings on Wednesday, Snowflake reported impressive revenue that cleared analysts' estimates by a lot. This worked wonders for the company’s...
