Snowflake stock falls after earnings as forecast underwhelms

This update corrects the FactSet consensus for Snowflake’s fiscal first-quarter and fiscal 2024 product revenue.

Shares of Snowflake Inc. fell more than 6% in after-hours trading Wednesday after the data-software company beat expectations with its latest quarterly results but forecast lower revenue for the full year than analysts had been anticipating.

The…

Source: https://www.marketwatch.com/story/snowflake-stock-falls-after-earnings-as-forecast-underwhelms-f9236e4c?siteid=yhoof2&yptr=yahoo