US Stock Market Move | Q4 results exceeded expectations. Snowflake (SNOW.US) surged more than 13% in pre-market trading.

On Thursday, Snowflake (SNOW.US) surged more than 13% in pre-market trading, reaching $189.28. On the news front, the company announced better-than-expected fourth-quarter performance for the fiscal year 2025 after market close on Wednesday. The company's revenue growth outlook for this fiscal year is better than expected, and there are optimistic signals for its recently launched artificial intelligence products. Data shows that the company's Q4 revenue grew by 27.4% to $987.77 million, with adjusted earnings per share of $0.30, exceeding analysts' consensus of $0.18 per share. Product revenue for the fourth quarter increased by 28% to $943.3 million, exceeding analysts' average expectation of $915.8 million.