Snowflake Raises Product Revenue Outlook as It Rolls Out AI Agent Features
FROM THE WIRE · FINANCE.YAHOO.COM
Snowflake reported product revenue of US$1.49b last quarter with 37% growth and raised its fiscal 2027 product revenue outlook to US$6.07b, while outlining a path toward GAAP profitability in Q4 fiscal 2028 and rolling out extensive AI agents, governance tools, and real-time…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA raised outlook at a mid-cap software company is relevant for the cloud and data sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Product revenue last quarter was US$1.49b, with 37% growth.
- 02The fiscal 2027 product revenue outlook was raised to US$6.07b.
- 03The company outlined a path toward GAAP profitability in Q4 fiscal 2028.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets