The AI company Snowflake published the balance sheet for the second quarter of its 2026 financial year on Wednesday after the completion of the trade.
In the past annual quarter, Snowflake achieved an EPS of $ 0.38, after a loss of $ 0.950 per share was reported in the previous year. Analysts had now expected average for the reporting period with a quarterly profit of $ 0.267 per share.
The sales of the AI company in the second quarter of the 2026 fiscal year were $ 1.14 billion. That was more than in the same period last year when Snowflake implemented $ 868.8 million. The expert estimates of $ 1.09 billion were beaten.
In pre-exchanging trading on the NYSE, the Snowflake share on Thursday is 13.85 percent higher at $ 228.15.
Editor finance.net
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