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Snowflake reported robust Q3 earnings and announced a partnership with AI firm Anthropic, boosting shares 19%.
Snowflake, a data analytics provider, reported strong Q3 earnings, surpassing both revenue and earnings expectations.
The company's revenue reached $942.09 million, up 28% year-over-year, with adjusted earnings of 20 cents per share.
Snowflake's shares rose 19% in extended trading after announcing a partnership with AI firm Anthropic and the acquisition of Datavolo.
The company now expects $3.43 billion in product revenue for fiscal 2025, a 29% growth, up from its previous forecast.
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Snowflake reportó fuertes ganancias de Q3 y anunció una asociación con la firma de IA Anthropic, aumentando las acciones 19%.