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Benzinga
Benzinga
Business
Adam Eckert

YOU WONT BELIEVE: Snowflake stock is on fire thursday here s why | Mind Blowing Facts

Snowflake
Snowflake,Sign,On,Its,Office,Building,In,Dublin,,California,,Usa

Snowflake Inc (NYSE:SNOW) shares are surging Thursday after the company reported better-than-expected financial results for the second quarter. Several analysts also raised price targets following the report.

What Happened: Snowflake beat analyst estimates on the top and bottom line, reporting second-quarter revenue of $1.14 billion versus estimates of $1.09 billion, and adjusted earnings per share of 35 cents versus estimates of 27 cents.

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