Snowflake

Snowflake grows revenue and acquires Neeva – but forecasts cause shares slip

Snowflake, the data cloud company, has announced its financial results for the first quarter of fiscal 2024 for the period ending April 30, 2023, revealing revenue growth amidst measured earnings projections, causing shares to slip over 12 percent in after-hours trading. The company also intends to acquire Neeva, the gen-AI search firm.

Snowflake lands in London with new Customer Experience Center

Snowflake has announced the opening of its new UK office and Customer Experience Center (CEC) in London, providing the ultimate workplace experience to employees and an area for collaboration with prospective clients.

Snowflake launches manufacturing data cloud to unfreeze silos

Snowflake has announced the launch of Manufacturing Data Cloud, which enables companies to unlock the value of siloed industrial data and allows for secure collaboration with partners, suppliers and customers.

Snowflake reports 54 percent growth in Q4; bets big on hiring

Q4 results from Snowflake reported $555.3m in product revenue for the data cloud company, representing 54 percent YoY growth.

The big clean up: welcome to data clean rooms

Data clean rooms are allowing multiple parties to combine and analyze their data in a protected environment.

Snowflake to acquire SnowConvert to storm legacy migrations

Snowflake has signed an definitive agreement to acquire SnowConvert, the premier suite of tools for efficiently migrating databases to the Data Cloud.

Snowflake grows 67 percent in Q3 results

Snowflake, has announced financial results for its third quarter of fiscal 2023, reporting $557m quarterly revenue and 67 percent year-over-year growth for the firm.

Snowflake announces UK availability on Microsoft Azure

Snowflake has announced its general availability on Microsoft Azure in the UK, driven by high customer demand for local data residency from both the private and public sectors.

Stock image of AI | UiPath and Snowflake

UiPath powers RPA through Snowflake integration

UiPath has strengthened its partnership with Snowflake by launching a new bi-directional integration that will extend the value of automation across the enterprise.

Sales boom for Snowflake in Q2

Snowflake has announced financial results for Q2 2023, ended July 31, 2022, topping estimates with an 83 per cent year-on-year revenue increase to $497.2m. Product revenue for the quarter was $466.3m, also representing growth of 83 per cent, whilst remaining...

Snowflake launches Cybersecurity workload

Snowflake has launched a new Cybersecurity workload that enables cybersecurity teams to better protect their enterprises with the Data Cloud.

abstract cloud stock image | AWS Q2 | Amazon

Amplitude and Snowflake expand partnership to advance product experiences

Amplitude Inc has expanded its partnership with Snowflake to bring the Snowflake Data Cloud to organizations and customers around the world.

Snowflake reports strong Q1 revenue but stock tumbles

Snowflake has announced its results for Q1 2023 ended April 30, 2022, revealing total revenue of $422.4m, representing year-on-year growth of 85 percent and beating analysts’ expectations of $414m. However, shares of Snowflake tumbled in after-hours trading on Wednesday after...

Stripe launches Data Pipeline to enable users to sync payment data in Snowflake

Stripe, the payments platform for businesses, has joined the Snowflake Data Cloud and Retail Data Cloud to enable joint customers in any industry, including retail and consumer packaged goods (CPG), to access and leverage their Stripe payment data directly in...

Snowflake flies high with strong Q4 and full year 2022 results

Snowflake has announced strong financial results for Q4 and the full fiscal year 2022, ended January 31, 2022. For the full fiscal year 2022, Snowflake reported a revenue of $1.219bn, with $1.14bn coming from product revenue. Revenue for Q4 2022 was...

Snowflake reports solid Q3 as revenue soars

Snowflake has reported financial results for Q3 fiscal 2022, ended 31 October 2021, revealing revenue of $334.4m, representing 110 percent year on year growth. Product revenue for the quarter also saw a 110 percent year on year increase to $312.5...

Snowflake reports strong Q1 financial results

Financial results released today (27 May 2021) by Data Cloud company Snowflake (NYSE: SNOW), reveal 110% year-on-year growth in revenue and product revenue in Q1 of the 2021/2022 financial year. Revenue for the quarter was $228.9m, representing 110% year-over-year growth. Product revenue...

Snowflake lands biggest software IPO ever

Snowflake has gone public in the largest software initial public offering (IPO) on record. Backed by Berkshire...