Earnings Results: Snowflake stock falls after earnings as forecast underwhelms

March 1, 2023

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…

Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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