Snowflake Q1 Earnings: Revenue, EPS Beat Estimates, AI Data Cloud Company Sees 25% Growth Ahead

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.