Snowflake (SNOW) Tops Q2 Sales and Guidance Expectations, Analysts Raise PTs Despite Wider-than-Expected Loss

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Snowflake Reports Financial Results for the Second Quarter of Fiscal 2022

August 25, 2021 4:05 PM EDT

Product revenue of $254.6 million, representing 103% year-over-year growth Remaining performance obligations of $1.5 billion, representing 122% year-over-year growth 4,990 total customers Net revenue retention rate of 169% 116 customers with trailing 12-month product revenue greater than $1 million

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- Snowflake (NYSE: SNOW), the Data Cloud company, today announced financial results for its second quarter of fiscal 2022, ended July 31, 2021.

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