Technology

Snowflake reports Q3 revenue up 67% YoY to $557M, vs. $539M est., and anticipates Q4 product revenue between $535M and $540M, vs. $553M est.; stock drops 12%+ (Ashley Capoot/CNBC)

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Snowflake reports Q3 revenue up 67% YoY to $557M, vs. $539M est., and anticipates Q4 product revenue between $535M and $540M, vs. $553M est.; stock drops 12%+ (Ashley Capoot/CNBC)
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Ashley Capoot / CNBC:

Snowflake reports Q3 revenue up 67% YoY to $557M, vs. $539M est., and anticipates Q4 product revenue between $535M and $540M, vs. $553M est.; stock drops 12%+  —  – Snowflake fell in extended trading on Wednesday after the company released third-quarter results that beat estimates but offered light product revenue guidance.



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