Snowflake Q3 revenue increased by 109.5% year-on-year, the full-year performance guidance was raised

$Snowflake (SNOW.US)$ On December 1, Snowflake Inc (NYSE:SNOW) announced its third quarter fiscal year 2022 results. The financial report shows that Snowflake's third-quarter revenue was 334.4 million U.S. dollars, an increase of 109.5% year-on-year. The net loss was US$155 million, compared with a net loss of US$169 million in the same period last year. The basic and diluted net loss per share was US$0.51, compared with a net loss of US$1.01 per share in the same period last year. Snowflake's third-quarter product revenue was $312.5 million, an increase of 110% year-on-year.