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moves money TNW September 03, 2026

Snowflake beat on almost everything. One number went the other way

Snowflake beat on almost everything. One number went the other way
AI Summary

Snowflake beat expectations on revenue, on profit and on guidance, and its shares rose more than 20% after hours. One number in the release went the other way, and it is the one that looks furthest into the future. Remaining performance obligations, the contracted revenue Snowflake has booked but not yet recognised, came in at […] This story continues at The Next Web

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