Snowflake Reduces Revenue Growth Target, And The Stock Is Falling

This replace corrects the FactSet consensus for Snowflake’s fiscal first-quarter and financial 2024 product income.

Shares of Snowflake Inc. fell greater than 7% in after-hours buying and selling Wednesday after the data-software firm forecast decrease income progress than analysts had anticipated.

Snowflake’s SNOWmanagement…

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Snowflake reduces revenue growth target, and the stock is falling

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