Snowflake (SNOW) Q1 Revenues Beat, Posts Loss

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Go back to Snowflake (SNOW) Q1 Revenues Beat, Posts Loss

Snowflake Reports Financial Results for the First Quarter of Fiscal 2023

May 25, 2022 4:05 PM EDT

Product revenue of $394.4 million in the first quarter, representing 84% year-over-year growth Remaining performance obligations of $2.6 billion, representing 82% year-over-year growth 6,322 total customers Net revenue retention rate of 174% 206 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 first quarter of fiscal 2023, ended April 30, 2022.

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