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Snowflake Financial Results for May to July 2021

English

Snowflake (ticker symbol: SNOW) announced its financial results for the period from May to July 2021 on August 25, 2021.

Financial results for May to July 2021

EPS: -64¢ vs. -66¢ expected.

Net sales of $272 million versus $257 million expected.

Sales growth rate was +104.5% YoY.

Product sales were $255 million, up 103% from the same period last year.

Professional services revenue was $18 million. Professional services revenue was $18 million, compared to $8 million in the same period last year.

The number of customers was 4,990. The number of customers was 4,990 compared to 3,117 in the same period last year.

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