The snowflake (snow) increases by 21 % on very optimistic expectations

We have recently published 10 stocks with two numbers to 100 % per week only. SNOWFLAKE Inc. (NYSE: SNOW) is one of the worst Friday performance.

Snowflake Inc. Stock prices increase by 21.26 percent a week, as investor morale was strengthened by performing impressive profits in the second quarter and very optimistic growth expectations that go to the third quarter.

In her financial statement, Snowflake Inc. said. (NYSE: SNOW). It has narrowed its clear loss of 6 percent to $ 298 million from 317 million dollars in the same period last year. Revenue jumped by 32 percent to $ 1.14 billion from $ 868.8 million on year on an annual basis against the backdrop of strong products revenue.

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“Thousands of customers are betting on their work on snowflake, and more than 6100 accounts of AI Snouflake uses every week. Customers love our platform is easy to use, connected to enable access to fluids to data wherever they sit, and they are trustworthy by companies of all sizes and industries. Sridhar Ramaswamy.

For the third quarter of the year, the company expects the product revenue to grow by 25 to 26 percent to 1.125 billion dollars to 1.13 billion dollars, and 27 percent to $ 4.395 billion in the full fiscal year from 2026.

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Detection: Nothing. This article was originally published in A monkey from the inside.