Snowflake Q1 Earnings Surpass Expectations with 26% Revenue Growth 🚀

Snowflake Inc. reports strong Q1 results, beating revenue and EPS estimates. The AI Data Cloud company projects 25% growth ahead, signaling a robust future.

Benzinga120 views0:37

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Snowflake Inc. reported better-than-expected first-quarter results Wednesday, according to Benzinga. Revenue rose 26% year-over-year to $1.04 billion and adjusted earnings reached $0.24 per share, beating analyst expectations, according to Benzinga Pro. CEO Sridhar Ramaswamy emphasized Snowflake’s ease of use, secure data access, and enterprise-grade performance as key differentiators driving its growth and appeal. Snowflake projects full-year product revenue of $4.33 billion, up 25% year-over-year. Shares rose 7.41% in after-hours trading.

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120

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Published
May 22, 2025

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