EvanHolt
2022-08-30

$Snowflake(SNOW)$Despite the market and economic upheaval this year, Snowflake has managed to continuegrowing its customer base.

It also announced that its customers increased their spending on its products and services by 74% in the first quarter from a year earlier, which is a very high rate among cloud computing firms.

When the company reports second-quarter results on Aug. 24, analysts expect the (still unprofitable) company to announce an earnings per share loss of two cents on revenues of $467 million.

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