Snowflake Beats Q1 Earnings, Raises Annual Forecast, and Strikes AWS Deal
Snowflake reported Q1 earnings that beat analyst expectations, announced 616 new customers, and saw revenue up 34% YoY. The company also raised its annual product revenue forecast, citing increased AI workloads, and struck a $6 billion deal with AWS.
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Snowflake raises annual product revenue forecast, strikes $6 billion AWS deal - Reuters
Snowflake raises annual product revenue forecast, strikes $6 billion AWS deal Reuters
Read full article →Snowflake raises annual product revenue forecast as enterprises ramp up AI workloads
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