Thursday, May 26, 2022

Snowflake stock drops 15%+ on weak Q2 growth guidance after reporting Q1 product revenue rose 84% YoY to $394M and a net loss of $166M, down from $203M YoY (Brody Ford/Bloomberg)

Brody Ford / Bloomberg:
Snowflake stock drops 15%+ on weak Q2 growth guidance after reporting Q1 product revenue rose 84% YoY to $394M and a net loss of $166M, down from $203M YoY  —  Snowflake Inc., a software company that helps businesses organize data in the cloud, dropped in extended trading after giving …



No comments:

Post a Comment

Sources: Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the Elden Ring game, in the coming weeks; Kadokawa had a ~$2.7B market cap (Reuters)

Reuters : Sources: Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the Elden Ring game, in the coming weeks; K...