Snowflake Stock Jumps on Strong Revenue Forecast
1. Snowflake's quarterly revenue beat expectations, rising 26% year-over-year. 2. Q1 product revenue reached $996.8 million, exceeding analyst predictions. 3. Full-year revenue forecast is $4.33 billion, higher than Wall Street's $4.29 billion. 4. Adjusted net income surged to $87.3 million, significantly above last year's figures. 5. Shares increased over 6% in after-hours trading, up 16% for 2025.