Snowflake Stock Tumbles as Disappointing Guidance Overshadows Strong Quarter - Barron's


3/3/2022 12:00:00 AM3 years 2 months ago
by Eric J. Savitz

The data-software firm projected fiscal 2023 results that were below Wall Street’s estimates. CEO Frank Slootman explains why.

Snowflake stock was falling sharply after the cloud-based data-software company posted disappointing fiscal 2023 guidance that overshadowed strong results for the fiscal fourth quarter ended Jan. 31.… [+333 chars]

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