Today news
About the same in other media
Snowflake Q4 results top estimates; CEO retires
Reading now: 225
Investing.com -- Snowflake (NYSE:SNOW) reported Wednesday better-than-expected fourth-quarter results and the data company announced that chief executive officer Frank Slootman had decided to retire and would be succeeded by Sridhar Ramaswamy.
Ramaswamy had been spearheading Snowflake’s AI strategy since joining the company in MAy 2023.
For the three months ended Jan. 31, Snowflake adjusted earnings of $0.35 per diluted share, up from $0.14 a year earlier, on revenue of $774.7M, up from $589.0M a year earlier. That topped analyst estimates of $0.18 on revenue of $760.6M.
Looking ahead, the company guided Q1 product revenue of $745M to $750M and full-year revenue of $3.25B.
Read more on investing.comAbout this in other media
Salesforce rolls out first-ever dividend as Q4 results, guidance beat estimates investing.com /8 months ago
TNDGE NMMS Results 2024: Results of National Means-cum-Merit Scholarship declared; How to check and other details here livemint.com /8 months ago
Beyond Meat Q4 revenue tops estimates; sees improved margins for H2; stocks soars investing.com /8 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
