Why Snowflake Shares Have Risen 14.5% This Week

Motley Fool2021-08-27

What happened Shares of data cloud provider Snowflake (NYSE:SNOW) jumped nearly 15% this week as of Thursday's closing price on the back of earnings in the second quarter of its fiscal year 2022. So ...

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Comments

JCBL
2021-08-29
JCBL
What I dun like about Snowflake is that they depend on cloud services from Amazon and Microsoft...what Snowflake would need is their own cloud infrastructure and more value add service...
- Pschoa:
  Ji
LHJarsenal
2021-08-28
LHJarsenal
Pls like
- blen:
  yes
GTig
2021-08-28
GTig
To the moon
SherryVJ
2021-08-28
SherryVJ
Up ? with my love
Limwy
2021-08-27
Limwy
Don’t ask why, just buy
- GTig:
  [强]
Jarodfoo
2021-08-27
Jarodfoo
Yes

Leave a comment

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Snowflake Shares Have Risen 14.5% This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 21:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/27/why-snowflake-shares-have-risen-145-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of data cloud provider Snowflake (NYSE:SNOW) jumped nearly 15% this week as of Thursday's closing price on the back of earnings in the second quarter of its fiscal year 2022.\nSo ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/27/why-snowflake-shares-have-risen-145-this-week/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNOW","symbol_name":"Snowflake","start_time":0,"source_url":"https://www.fool.com/investing/2021/08/27/why-snowflake-shares-have-risen-145-this-week/","article_id":"2162691026","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2162691026","pubTimestamp":1630072551,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The end of hypergrowth may be on the horizon.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNOW":"Snowflake"},"translate_title":"雪花股价本周为何上涨14.5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNOW":0.9},"content_text":"What happened\nShares of data cloud provider Snowflake (NYSE:SNOW) jumped nearly 15% this week as of Thursday's closing price on the back of earnings in the second quarter of its fiscal year 2022.\nSo what\nIn some ways the company has been the poster child for growth since its initial public offering last September. That's still true. Wall Street clearly loved the 103% year-over-year jump in revenue for the quarter, as well as guidance of between 91% and 93% for the full year. Still, some of the numbers that foretell future growth are decelerating.\n\nImage source: Getty Images.\nThe rate of growth in both remaining performance obligations -- or RPO, contracted revenue that has yet to be recognized -- and customers spending over $1 million has slowed. Net revenue retention -- or NRR, the amount spent by customers in the most recent year compared to the prior year -- remained impressive.\n\n\n\nMetric\nQ4 FY2021\nQ1 FY2022\nQ2 FY2022\n\n\nRPO\n$1.3 billion\n$1.4 billion\n$1.5 billion\n\n\nCustomers > $1 million\n77\n104\n116\n\n\nNRR\n168%\n168%\n169%\n\n\n\nData source: Snowflake.\nMost companies would love numbers like that. But investing is about expectations. 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If some of the forward looking numbers continue at the current pace, it could take a while to grow into that valuation.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":813655476,"gmtCreate":1630200714695,"gmtModify":1676530241219,"author":{"id":"4087218051185710","authorId":"4087218051185710","name":"JCBL","avatar":"https://static.tigerbbs.com/d52754657c86fcbf3892ea1fec33f39d","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"What I dun like about Snowflake is that they depend on cloud services from Amazon and Microsoft...what Snowflake would need is their own cloud infrastructure and more value add service...","listText":"What I dun like about Snowflake is that they depend on cloud services from Amazon and Microsoft...what Snowflake would need is their own cloud infrastructure and more value add service...","text":"What I dun like about Snowflake is that they depend on cloud services from Amazon and Microsoft...what Snowflake would need is their own cloud infrastructure and more value add service...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813655476","repostId":2162691026,"repostType":4,"repost":{"id":"2162691026","pubTimestamp":1630072551,"share":"https://www.laohu8.com/m/news/2162691026?lang=&edition=full","pubTime":"2021-08-27 21:55","market":"us","language":"en","title":"Why Snowflake Shares Have Risen 14.5% This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2162691026","media":"Motley Fool","summary":"The end of hypergrowth may be on the horizon.","content":"<h2>What happened</h2>\n<p>Shares of data cloud provider <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> (NYSE:SNOW) jumped nearly 15% this week as of Thursday's closing price on the back of earnings in the second quarter of its fiscal year 2022.</p>\n<h2>So what</h2>\n<p>In some ways the company has been the poster child for growth since its initial public offering last September. That's still true. Wall Street clearly loved the 103% year-over-year jump in revenue for the quarter, as well as guidance of between 91% and 93% for the full year. Still, some of the numbers that foretell future growth are decelerating.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640965%2Fgettyimages-1064978686.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"446\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<p>The rate of growth in both remaining performance obligations -- or RPO, contracted revenue that has yet to be recognized -- and customers spending over $1 million has slowed. Net revenue retention -- or NRR, the amount spent by customers in the most recent year compared to the prior year -- remained impressive.</p>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Q4 FY2021</th>\n   <th>Q1 FY2022</th>\n   <th>Q2 FY2022</th>\n  </tr>\n  <tr>\n   <td>RPO</td>\n   <td>$1.3 billion</td>\n   <td>$1.4 billion</td>\n   <td>$1.5 billion</td>\n  </tr>\n  <tr>\n   <td>Customers &gt; $1 million</td>\n   <td>77</td>\n   <td>104</td>\n   <td>116</td>\n  </tr>\n  <tr>\n   <td>NRR</td>\n   <td>168%</td>\n   <td>168%</td>\n   <td>169%</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Snowflake.</p>\n<p>Most companies would love numbers like that. But investing is about expectations. And Snowflake set the bar very high for itself in its first few quarters as a public company.</p>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Growth (QOQ) Q4 FY2021</th>\n   <th>Growth (QOQ)&nbsp; Q1 FY2022</th>\n   <th>Growth (QOQ) Q2 FY2022</th>\n  </tr>\n  <tr>\n   <td>RPO</td>\n   <td>43.6%</td>\n   <td>7.5%</td>\n   <td>6.9%</td>\n  </tr>\n  <tr>\n   <td>Customers &gt; $1 million</td>\n   <td>18.5%</td>\n   <td>35.1%</td>\n   <td>11.5%</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Snowflake. QoQ = quarter over quarter.</p>\n<h2>Now what</h2>\n<p>With the stock climbing almost 8% on the day after the report, investors appeared to like what they saw. Snowflake continues to&nbsp; put up numbers that are hard to fathom for a company with a $90 billion market valuation. If some of the forward looking numbers continue at the current pace, it could take a while to grow into that valuation.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Snowflake Shares Have Risen 14.5% This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Snowflake Shares Have Risen 14.5% This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 21:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/27/why-snowflake-shares-have-risen-145-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of data cloud provider Snowflake (NYSE:SNOW) jumped nearly 15% this week as of Thursday's closing price on the back of earnings in the second quarter of its fiscal year 2022.\nSo ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/27/why-snowflake-shares-have-risen-145-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://www.fool.com/investing/2021/08/27/why-snowflake-shares-have-risen-145-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162691026","content_text":"What happened\nShares of data cloud provider Snowflake (NYSE:SNOW) jumped nearly 15% this week as of Thursday's closing price on the back of earnings in the second quarter of its fiscal year 2022.\nSo what\nIn some ways the company has been the poster child for growth since its initial public offering last September. That's still true. Wall Street clearly loved the 103% year-over-year jump in revenue for the quarter, as well as guidance of between 91% and 93% for the full year. Still, some of the numbers that foretell future growth are decelerating.\n\nImage source: Getty Images.\nThe rate of growth in both remaining performance obligations -- or RPO, contracted revenue that has yet to be recognized -- and customers spending over $1 million has slowed. Net revenue retention -- or NRR, the amount spent by customers in the most recent year compared to the prior year -- remained impressive.\n\n\n\nMetric\nQ4 FY2021\nQ1 FY2022\nQ2 FY2022\n\n\nRPO\n$1.3 billion\n$1.4 billion\n$1.5 billion\n\n\nCustomers > $1 million\n77\n104\n116\n\n\nNRR\n168%\n168%\n169%\n\n\n\nData source: Snowflake.\nMost companies would love numbers like that. But investing is about expectations. And Snowflake set the bar very high for itself in its first few quarters as a public company.\n\n\n\nMetric\nGrowth (QOQ) Q4 FY2021\nGrowth (QOQ)  Q1 FY2022\nGrowth (QOQ) Q2 FY2022\n\n\nRPO\n43.6%\n7.5%\n6.9%\n\n\nCustomers > $1 million\n18.5%\n35.1%\n11.5%\n\n\n\nData source: Snowflake. QoQ = quarter over quarter.\nNow what\nWith the stock climbing almost 8% on the day after the report, investors appeared to like what they saw. Snowflake continues to  put up numbers that are hard to fathom for a company with a $90 billion market valuation. If some of the forward looking numbers continue at the current pace, it could take a while to grow into that valuation.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5687065,"gmtCreate":1630278587400,"gmtModify":1663233081337,"authorId":3582186770863797,"author":{"id":3582186770863797,"authorId":3582186770863797,"name":"Pschoa","avatar":"https://static.tigerbbs.com/6048d8c3ccf7b9e4abd018d7a405e329","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":813655476,"type":1,"supId":0,"prevId":0,"content":"Ji","text":"Ji","html":"Ji"}],"langContent":"EN"},{"id":819749217,"gmtCreate":1630110471839,"gmtModify":1676530225927,"author":{"id":"3578967818815253","authorId":"3578967818815253","name":"LHJarsenal","avatar":"https://static.tigerbbs.com/a0d7e1e2167d189c3611e1bcef48e104","vip":1,"crmLevel":8,"crmLevelSwitch":0},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/819749217","repostId":2162691026,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5685840,"gmtCreate":1630251262669,"gmtModify":1663233076066,"authorId":3573475065664764,"author":{"id":3573475065664764,"authorId":3573475065664764,"name":"blen","avatar":"https://static.tigerbbs.com/bd3510050d36ae9f89d9724ba13f0180","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":819749217,"type":1,"supId":0,"prevId":0,"content":"yes","text":"yes","html":"yes"}],"langContent":"EN"},{"id":819787290,"gmtCreate":1630108446810,"gmtModify":1676530225031,"author":{"id":"3571776703726113","authorId":"3571776703726113","name":"GTig","avatar":"https://community-static.tradeup.com/news/4b4eaf438c926c9f1af375114bc3651d","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819787290","repostId":2162691026,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":819497797,"gmtCreate":1630083518019,"gmtModify":1676530221475,"author":{"id":"3586426326873853","authorId":"3586426326873853","name":"SherryVJ","avatar":"https://community-static.tradeup.com/news/f6f9cf5ebb84bdad6a0a482c10f819aa","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1},"htmlText":"Up ? with my love&nbsp;","listText":"Up ? with my love&nbsp;","text":"Up ? with my love","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819497797","repostId":2162691026,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":819249108,"gmtCreate":1630074232304,"gmtModify":1676530217889,"author":{"id":"3575713286442926","authorId":"3575713286442926","name":"Limwy","avatar":"https://community-static.tradeup.com/news/3553ad0eb1015cc94291c1ae10f2dbab","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Don’t ask why, just buy","listText":"Don’t ask why, just buy","text":"Don’t ask why, just buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/819249108","repostId":2162691026,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5671220,"gmtCreate":1630108478381,"gmtModify":1663233009946,"authorId":3571776703726113,"author":{"id":3571776703726113,"authorId":3571776703726113,"name":"GTig","avatar":"https://community-static.tradeup.com/news/4b4eaf438c926c9f1af375114bc3651d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":819249108,"type":1,"supId":0,"prevId":0,"content":"[强]","text":"[强]","html":"[强]"}],"langContent":"EN"},{"id":819256176,"gmtCreate":1630073961695,"gmtModify":1676530217732,"author":{"id":"3566785991987276","authorId":"3566785991987276","name":"Jarodfoo","avatar":"https://static.tigerbbs.com/f7ebc3aa8d7dbb290f660c5698fc6f63","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819256176","repostId":2162691026,"repostType":4,"repost":{"id":"2162691026","pubTimestamp":1630072551,"share":"https://www.laohu8.com/m/news/2162691026?lang=&edition=full","pubTime":"2021-08-27 21:55","market":"us","language":"en","title":"Why Snowflake Shares Have Risen 14.5% This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2162691026","media":"Motley Fool","summary":"The end of hypergrowth may be on the horizon.","content":"<h2>What happened</h2>\n<p>Shares of data cloud provider <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> (NYSE:SNOW) jumped nearly 15% this week as of Thursday's closing price on the back of earnings in the second quarter of its fiscal year 2022.</p>\n<h2>So what</h2>\n<p>In some ways the company has been the poster child for growth since its initial public offering last September. That's still true. Wall Street clearly loved the 103% year-over-year jump in revenue for the quarter, as well as guidance of between 91% and 93% for the full year. Still, some of the numbers that foretell future growth are decelerating.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640965%2Fgettyimages-1064978686.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"446\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<p>The rate of growth in both remaining performance obligations -- or RPO, contracted revenue that has yet to be recognized -- and customers spending over $1 million has slowed. Net revenue retention -- or NRR, the amount spent by customers in the most recent year compared to the prior year -- remained impressive.</p>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Q4 FY2021</th>\n   <th>Q1 FY2022</th>\n   <th>Q2 FY2022</th>\n  </tr>\n  <tr>\n   <td>RPO</td>\n   <td>$1.3 billion</td>\n   <td>$1.4 billion</td>\n   <td>$1.5 billion</td>\n  </tr>\n  <tr>\n   <td>Customers &gt; $1 million</td>\n   <td>77</td>\n   <td>104</td>\n   <td>116</td>\n  </tr>\n  <tr>\n   <td>NRR</td>\n   <td>168%</td>\n   <td>168%</td>\n   <td>169%</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Snowflake.</p>\n<p>Most companies would love numbers like that. But investing is about expectations. And Snowflake set the bar very high for itself in its first few quarters as a public company.</p>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Growth (QOQ) Q4 FY2021</th>\n   <th>Growth (QOQ)&nbsp; Q1 FY2022</th>\n   <th>Growth (QOQ) Q2 FY2022</th>\n  </tr>\n  <tr>\n   <td>RPO</td>\n   <td>43.6%</td>\n   <td>7.5%</td>\n   <td>6.9%</td>\n  </tr>\n  <tr>\n   <td>Customers &gt; $1 million</td>\n   <td>18.5%</td>\n   <td>35.1%</td>\n   <td>11.5%</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Snowflake. QoQ = quarter over quarter.</p>\n<h2>Now what</h2>\n<p>With the stock climbing almost 8% on the day after the report, investors appeared to like what they saw. Snowflake continues to&nbsp; put up numbers that are hard to fathom for a company with a $90 billion market valuation. If some of the forward looking numbers continue at the current pace, it could take a while to grow into that valuation.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Snowflake Shares Have Risen 14.5% This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Snowflake Shares Have Risen 14.5% This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 21:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/27/why-snowflake-shares-have-risen-145-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of data cloud provider Snowflake (NYSE:SNOW) jumped nearly 15% this week as of Thursday's closing price on the back of earnings in the second quarter of its fiscal year 2022.\nSo ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/27/why-snowflake-shares-have-risen-145-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://www.fool.com/investing/2021/08/27/why-snowflake-shares-have-risen-145-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162691026","content_text":"What happened\nShares of data cloud provider Snowflake (NYSE:SNOW) jumped nearly 15% this week as of Thursday's closing price on the back of earnings in the second quarter of its fiscal year 2022.\nSo what\nIn some ways the company has been the poster child for growth since its initial public offering last September. That's still true. Wall Street clearly loved the 103% year-over-year jump in revenue for the quarter, as well as guidance of between 91% and 93% for the full year. Still, some of the numbers that foretell future growth are decelerating.\n\nImage source: Getty Images.\nThe rate of growth in both remaining performance obligations -- or RPO, contracted revenue that has yet to be recognized -- and customers spending over $1 million has slowed. Net revenue retention -- or NRR, the amount spent by customers in the most recent year compared to the prior year -- remained impressive.\n\n\n\nMetric\nQ4 FY2021\nQ1 FY2022\nQ2 FY2022\n\n\nRPO\n$1.3 billion\n$1.4 billion\n$1.5 billion\n\n\nCustomers > $1 million\n77\n104\n116\n\n\nNRR\n168%\n168%\n169%\n\n\n\nData source: Snowflake.\nMost companies would love numbers like that. But investing is about expectations. And Snowflake set the bar very high for itself in its first few quarters as a public company.\n\n\n\nMetric\nGrowth (QOQ) Q4 FY2021\nGrowth (QOQ)  Q1 FY2022\nGrowth (QOQ) Q2 FY2022\n\n\nRPO\n43.6%\n7.5%\n6.9%\n\n\nCustomers > $1 million\n18.5%\n35.1%\n11.5%\n\n\n\nData source: Snowflake. QoQ = quarter over quarter.\nNow what\nWith the stock climbing almost 8% on the day after the report, investors appeared to like what they saw. Snowflake continues to  put up numbers that are hard to fathom for a company with a $90 billion market valuation. If some of the forward looking numbers continue at the current pace, it could take a while to grow into that valuation.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":55,"commentSize":11,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2162691026"}