Snowflake surged 35% premarket after Q1 revenue came in at $1.39B, up 33% year over year, and adjusted EPS reached $0.39, both ahead of consensus. The company also raised full-year guidance, reinforcing the positive read-through on growth and execution. The move is likely to have a meaningful impact on SNOW shares, though limited broader sector implications.
Snowflake surged 35% premarket after Q1 revenue came in at $1.39B, up 33% year over year, and adjusted EPS reached $0.39, both ahead of consensus. The company also raised full-year guidance, reinforcing the positive read-through on growth and execution. The move is likely to have a meaningful impact on SNOW shares, though limited broader sector implications.
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strongly positive
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0.80
Ticker Sentiment