Snowflake Reports Financial Results for the Third Quarter of Fiscal 2022

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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