Why Snowflake's Future Looks Brighter Than Ever
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Snowflake reported a 29% year-over-year growth in product revenue for Q3 FY2025 and raised its FY2025 guidance to $3.43 billion. The company launched new products and added 18 Global 2000 clients, with RPO increasing by 55% YoY.
December 16, 2024 | 2:15 pm
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Snowflake's Q3 FY2025 results show strong growth with 29% YoY increase in product revenue and raised FY2025 guidance to $3.43 billion. New products and client additions are driving this growth.
Snowflake's significant YoY growth in product revenue and raised guidance indicate strong business momentum. The launch of new products and addition of major clients further support a positive outlook, likely boosting investor confidence and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100