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Snowflake Beats Q3 Estimates but Shares Slide Amid Growth Concerns

Snowflake Beats Q3 Estimates but Shares Slide Amid Growth Concerns

Author:

Global Cryptocurrency

Published:

2025-12-04 10:05:02

16

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BTCCSquare news:

Snowflake delivered a strong third quarter with earnings of 35 cents per share on $1.21 billion revenue, surpassing analyst expectations. The cloud data leader's performance obligations surged 37% to $7.88 billion, signaling robust future demand.

Yet shares fell 8% post-earnings as investors questioned whether the company can maintain its premium valuation. The $200 million Anthropic partnership brings Claude AI to Snowflake's platform, potentially creating new monetization avenues across its 12,600-customer base.

Fourth-quarter revenue guidance of $1.195-$1.2 billion, while above estimates, failed to satisfy growth investors expecting >30% expansion. The drop reflects market sensitivity to cloud spending trends after Snowflake's 72% YTD rally.

By:

Sharps’ Line Shopping Strategies: A Quantitative Approach to Market Edge

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