Snowflake: Huge Stock Jump Following Quarterly Results
Snowflake looks back on an exceptionally successful first quarter, with total revenue up 33% year over year to just under USD 1.39 billion. Adjusted profit rose to approximately USD 148 million compared to approximately USD 87 million in the prior year. The main driver of this positive development is the ongoing integration and effective commercialization of applications in the field of arti…
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