Snowflake (SNOW) Sets $2B Stock Buyback After Earnings
Schwab Network
English - March 03, 2023 20:15 - 2 minutes - 26.3 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Snowflake (SNOW) falls after earnings. Renita Young discusses SNOW's earnings as they were released March 1st, postmarket. SNOW's revenue came in at $589.01M versus an estimated $571.57M, and its adjusted EPS came in at $0.14 versus an estimated $0.03. She talks about how SNOW sees 1Q product revenue between $568M-$573M. SNOW also sees FY24 product revenue of $2.705B. She also goes over how SNOW set $2B stock buyback program. Tune in to find out more about the stock market today.