Snowflake Inc. (SNOW) down more than 20% as it reports Q4 2024
Snowflake Inc. (SNOW) reported Q4 Non-GAAP EPS of $0.35 vs $ 0.18
Revenue $774.6M (+31.5% Y/Y) vs $ 759.25M
Q1 GUIDANCE:
Operating income margin 3%.
Product revenue $745m – $750M
FY 2025 GUIDANCE:
Non-GAAP Product Gross Margin 76%
Product Revenue $ 3.25B representing 22% growth Y/Y vs 38% in 2024
Shares down 23% after hours