Snowflake ❄️ gains 16% post ma-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Lionel8383
2022-08-25

Snowflake ❄️ gains 16% post market after raised guidance gives investors confidence

$Snowflake(SNOW)$This Warren Buffett stock just launched to the moon after earnings, in early June it traded around $110.

For the third-quarter, Snowflake said it sees product revenue of $500M to $505M, up between 60% and 62% year-over-year. It also expects adjusted operating margins of 2% in the third-quarter.

Snowflake also boosted its product revenue forecast for the full-year, now expected to be between $1.905B and $1.915B, a growth rate of between 67% and 68%. It also forecast an adjusted operating margin of 2% for the full-year, compared to a previous view of 1%.

Hedge fund 3G Capital exited its stake in Snowflake ❄️ in the second quarter and must be questioning why they didn't have the conviction to stay the course.

# Q2 Earning Season

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Yonhuat
·2022-08-25
nice up post earnings
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Svengers19
·2022-08-25
Thanks for sharing
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LMSunshine
·2022-08-27
Nice post! Thanks for sharing🤗
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Zacyai
·2022-08-25
Nice
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AuAgJCY
·2022-08-25
👍
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xiaochoochoo
·2022-08-25
[微笑]
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Aman33
·2022-08-25
👍
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bwkhoo
·2022-08-25
👍
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Thunderz
·2022-08-25
nice
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Sorrie2u
·2022-08-25
ok
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Winnie4874
·2022-08-25
Ok
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JQ62
·2022-08-25
like
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juzmaus
·2022-08-25
ok
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kslee9566
·2022-08-25
ok
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tomato9889
·2022-08-25
ok
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LHC0511
·2022-08-25
ok
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LawrenceLBC
·2022-08-25
nice
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Yamazaki月
·2022-08-25
ok
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Doris11
·2022-08-25
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pandajojo
·2022-08-25
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It also forecast an adjusted operating margin of 2% for the full-year, compared to a previous view of 1%.</p><p>Hedge fund 3G Capital exited its stake in Snowflake ❄️ in the second quarter and must be questioning why they didn't have the conviction to stay the course.</p><img src=\"https://community-static.tradeup.com/news/e29ed77e4243007d3285094f91a405a4\" tg-width=\"1170\" tg-height=\"2187\"></body></html>","htmlText":"<html><head></head><body><p><b>Snowflake ❄️ gains 16% post market after raised guidance gives investors confidence</b></p><p><a href=\"https://ttm.financial/S/SNOW\">$Snowflake(SNOW)$</a>This Warren Buffett stock just launched to the moon after earnings, in early June it traded around $110.&nbsp;</p><p>For the third-quarter, Snowflake said it sees product revenue of $500M to $505M, up between 60% and 62% year-over-year. 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