Snowflake shares rocket 34% and head for best day ever after earnings beat [MSNBC.com]
FactSet Research Systems Inc. (FDS)
Last factset research systems inc. earnings: 3/26 07:01 am
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Source: MSNBC.com
SnowflakeHere's how the company did, compared to LSEG analysts' expectations: per share:Snowflake's revenue rose 28% year over year in the quarter, which ended on Oct. 31, according to astatementProduct revenue represented around 96% of total sales. That's up from the $3.36 billion forecast management gavethree months agoThe full-year view also includes an adjusted operating margin of 5%, up from the 3% guidance in August.Snowflake is focusing more on saving money, CEO Sridhar Ramaswamy told analysts on a conference call."We've been creating centralized, more efficient teams for some areas and removing redundant management layers, which enables us to make decisions faster," he said.But the company is not doing a major round of layoffs, Chief Financial Officer Mike Scarpelli said.Snowflake had 10,618 customers at the end of October, having added 369 in the latest quarter. Analysts polled by StreetAccount had expected 10,601 customers.While the U.S. government is a very small part of S
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FDS
News
- Snowflake rockets 32%, its best day ever, after earnings beat [MSNBC.com]MSNBC.com
- Intuit shares drop as quarterly forecast misses estimates due to revenue getting delayed [MSNBC.com]MSNBC.com
- Gap raises guidance ahead of holidays after storms, warm weather slowed sales [CNBC]CNBC
- Intuit drops as quarterly forecast misses estimates due to revenue getting delayed [CNBC]CNBC
- Snowflake shares rocket 30% and head for best day ever after earnings beat [MSNBC.com]MSNBC.com
FDS
Earnings
- 9/19/24 - Beat
FDS
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/14/24 - Form 8-K
- 11/13/24 - Form 4
- FDS's page on the SEC website