Snowflake Stock Jumps on Better-Than-Expected Results, Outlook
1. Snowflake shares surged 13% after strong earnings report. 2. Fiscal Q4 EPS was $0.30 vs. expected $0.18. 3. Product revenue rose 28% year-over-year, above estimates. 4. Future product revenue projected at $955-$960 million. 5. Citi analysts maintained a 'buy' rating with positive outlook.