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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Snowflake Inc | NYSE:SNOW | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
4.26 | 2.75% | 159.25 | 153.82 | 149.55 | 152.40 | 3,965,033 | 01:00:00 |
By Maria Armental
Snowflake Inc. raised its product revenue projections for the year, following a stronger-than-expected performance in the third quarter.
The company said it now expects product revenue for the year to reach $1.12 billion to $1.13 billion, up from its earlier view of $1.06 billion to $1.07 billion.
This quarter, it projects $345 million to $350 million in product revenue, compared with analysts' projected $316 million, according to FactSet.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
December 01, 2021 16:29 ET (21:29 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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