Technology

Snowflake reports Q4 revenue up 53% YoY to $589M, vs. $576M est., lowers FY 2024 guidance below est., and authorizes a $2B share buyback program; SNOW drops 5%+ (Emily Bary/MarketWatch)

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Snowflake reports Q4 revenue up 53% YoY to $589M, vs. $576M est., lowers FY 2024 guidance below est., and authorizes a $2B share buyback program; SNOW drops 5%+ (Emily Bary/MarketWatch)
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Emily Bary / MarketWatch:

Snowflake reports Q4 revenue up 53% YoY to $589M, vs. $576M est., lowers FY 2024 guidance below est., and authorizes a $2B share buyback program; SNOW drops 5%+  —  Company lowers full-year forecast relative to an initial view offered in November  —  This update corrects the FactSet consensus …



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