Snowflake Reports Financial Results for the Third Quarter of Fiscal 2022

Go back to Snowflake Reports Financial Results for the Third Quarter of Fiscal 2022

Snowflake (SNOW) Q3 Product Revenue Rises 110% YoY

December 1, 2021 4:10 PM EST

Snowflake (NYSE: SNOW) reported Q3 revenues $334.4 million versus the consensus estimate of $305.51 million. Product revenue of $312.5 million, representing 110% year-over-year growth.

Remaining performance obligations of $1.8 billion, representing 94% year-over-year growth5,416 total customersNet revenue retention rate of 173%148 customers with trailing 12-month product... More