Earnings

Snowflake (SNOW) earnings Q3 2022

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Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO. He is known as a demanding leader, and straight shooter. “I’ve often been in board meetings at other companies and the CEO will put up a list of 10 priorities … well, that’s the same as having no priorities,” he recently told CNBC.

CNBC

Shares of the Snowflake data-analytics software company were up more than 13% on Wednesday after it released third-quarter earnings that surpassed analyst expectations for revenue and provided strong product revenue guidance.

Here’s how the company did:

  • Earnings: Loss of 51 cents per share
  • Revenue: $334.4 million, vs. $305.6 million expected by analysts, according to Refinitiv.

Revenue grew 110%…



Source cnbc.com

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