Stock Market News | Revenue for the 2026 fiscal year raised, Snowflake (SNOW.US) up more than 13%
According to the financial app, Wisdom Finance, on Thursday, Snowflake (SNOW.US) opened more than 13% higher, reaching $227.32. In terms of news, the company reported revenue of $10.905 billion for the second quarter of the 2026 fiscal year, a 32% increase year-on-year, higher than the market's expected $10.4 billion; non-GAAP net profit was $1.276 billion, with adjusted earnings per share of $0.35, nearly double that of the same period last year, and higher than the expected $0.27. Snowflake is expected to have third quarter revenue of about $11.3 billion, better than the expected $11.2 billion; at the same time, the company's full-year revenue guidance has been raised to $43.95 billion, up from the previous expectation of $43.3 billion, and above the market's expected $43.4 billion.
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