Snowflake Inc. (SNOW) PT Lowered to $190 at Canaccord Genuity
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Snowflake Reports Financial Results for the Second Quarter of Fiscal 2025
August 21, 2024 4:05 PM EDTProduct revenue of $829.3 million in the second quarter, representing 30% year-over-year growth Net revenue retention rate of 127% 510 customers with trailing 12-month product revenue greater than $1 million 736 Forbes Global 2000 customers Remaining performance obligations of $5.2 billion, representing 48% year-over-year growth Authorized the repurchase of an additional $2.5 billion under our stock repurchase program through March 2027
No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced financial results for its second quarter of fiscal 2025, ended July 31, 2024.
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