Snowflake shares soared 36% after-hours on signing an AI deal with Amazon and buying Natoma, a platform for enterprise AI agents.
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Snowflake (NYSE:SNOW) reported accelerating growth in its first quarter of fiscal 2027 and raised its full-year outlook, with executives pointing to stronger demand for its core data platform and early traction from artificial intelligence products including Snowflake Intelligence and Cortex Code.
The company's shares were recently up 35% in after-hours trading
Although the revenue and EPS for Snowflake (SNOW) give a sense of how its business performed in the quarter ended April 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Snowflake (SNOW) delivered earnings and revenue surprises of +21.88% and +5.23%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Snowflake stock soared amid Q1 earnings and revenue that topped estimates. The software maker hiked full-year sales guidance.
Investing.com -- Snowflake Inc. (NYSE:SNOW) reported first quarter results that exceeded analyst expectations, with shares surging 30% following the announcement of a major AWS collaboration and raised full-year guidance.
(Updates with details on AWS collaboration and Natoma acquisition in the 7th and 8th paragraphs.)
Shares in Snowflake soared 30% after the market closed Wednesday following a Wall Street Journal report that Amazon Web Services has signed up the cloud-storage company as its latest chips customer. Snowflake, whose shares have bounced back of late after a slump earlier this year, also reported quarterly earnings on Wednesday.
The cloud-storage company joins Apple and Meta as one of AWS’s largest customers for CPU-based computing. Snowflake shares soared 30% after the closing bell.
Cloud data platform provider Snowflake (NYSE:SNOW) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 33.5% year on year to $1.39 billion. Its non-GAAP profit of $0.39 per share was 21.9% above analysts’ consensus estimates.
Snowflake has signed a new, enormous five-year deal with Amazon to secure chips for AI usage. Nvidia is once again being put on notice.
Cloud-based data analytics platform Snowflake raised its annual product revenue forecast on Wednesday, signaling growing demand for AI-driven workloads and cloud migrations. The company's growth was fueled by surging enterprise demand for its core data warehousing products and growing uptake of its AI offerings, with migrations from legacy systems and increased use of machine learning tools adding momentum. Snowflake enables businesses to store, analyze and share large volumes of data across applications and users.
Snowflake said on Wednesday it has signed a $6 billion deal with Amazon Web Services, with the investment tied to AWS' Graviton processors and AI chip infrastructure.
Snowflake Inc (NYSE:SNOW) is set to report first-quarter fiscal 2027 results after the close on Wednesday, with Wedbush Securities saying the Street's $1.32 billion revenue estimate is too conservative as enterprises ramp up AI spending built on internal data infrastructure. Wedbush analyst...
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