Brody Ford / Bloomberg:

Snowflake reports Q3 product revenue up 29% YoY to $1.16B, and forecasts Q4 adjusted operating income margin below estimates; SNOW drops 7%+ after hours  —  Snowflake Inc. gave an outlook for operating margin that fell short of analysts' estimates, raising concerns among investors about the profitability of new AI-based tools.

Brody Ford / Bloomberg:

Snowflake reports Q3 product revenue up 29% YoY to $1.16B, and forecasts Q4 adjusted operating income margin below estimates; SNOW drops 7%+ after hours  —  Snowflake Inc. gave an outlook for operating margin that fell short of analysts' estimates, raising concerns among investors about the profitability of new AI-based tools.

Source: TechMeme
Source Link: http://www.techmeme.com/251203/p37#a251203p37