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Snowflake | 8-K: Snowflake Reports Financial Results for the Second Quarter of Fiscal 2025

Snowflake | 8-K: Snowflake Reports Financial Results for the Second Quarter of Fiscal 2025

Snowflake | 8-K:Snowflake公布2025财年第二季度的财务业绩
美股SEC公告 ·  16:11
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On August 21, 2024, Snowflake Inc., a Delaware corporation with a globally distributed workforce, reported its financial results for the fiscal quarter ending July 31, 2024. The company, which has designated its Bozeman, Montana office as its principal executive office, announced a 30% year-over-year growth in product revenue, reaching $829.3 million. The net revenue retention rate stood at 127%, with 510 customers generating over $1 million in trailing 12-month product revenue. Snowflake also reported having 736 Forbes Global 2000 customers and a remaining performance obligation of $5.2 billion, marking a 48% year-over-year increase. Additionally, the company authorized an additional $2.5 billion for stock repurchases through March 2027. Snowflake's CEO, Sridhar Ramaswamy, highlighted the strong quarter and raised the product revenue guidance for the year, citing innovation and early success with...Show More
On August 21, 2024, Snowflake Inc., a Delaware corporation with a globally distributed workforce, reported its financial results for the fiscal quarter ending July 31, 2024. The company, which has designated its Bozeman, Montana office as its principal executive office, announced a 30% year-over-year growth in product revenue, reaching $829.3 million. The net revenue retention rate stood at 127%, with 510 customers generating over $1 million in trailing 12-month product revenue. Snowflake also reported having 736 Forbes Global 2000 customers and a remaining performance obligation of $5.2 billion, marking a 48% year-over-year increase. Additionally, the company authorized an additional $2.5 billion for stock repurchases through March 2027. Snowflake's CEO, Sridhar Ramaswamy, highlighted the strong quarter and raised the product revenue guidance for the year, citing innovation and early success with new AI products. The company's GAAP and non-GAAP financial results were detailed, including a 30% increase in product revenue and a 48% increase in remaining performance obligations. Snowflake's financial outlook for the third quarter and full-year fiscal 2025 was provided, with product revenue expected to grow by 22% and 26%, respectively. The company's stock repurchase program was expanded, and details of the conference call and investor presentation were shared.
2024年8月21日,Delaware的公司Snowflake Inc.报告了截至2024年7月31日的财季财务结果。这家公司在全球范围内拥有分布式的员工。公司将其位于Montana州Bozeman的办公室指定为总部办公室,并宣布产品营业收入同比增长30%,达到82930万美元。净收入保留率为127%,有510个客户在过去12个月内产生了超过100万美元的产品营业收入。Snowflake还报告了拥有736个《福布斯》全球2000强客户和剩余业绩承诺额为52亿美元,同比增长48%。此外,公司批准了额外的25亿美元用于股票回购,截至2027年3月。Snowflake的首席执行官Sridhar Ra...展开全部
2024年8月21日,Delaware的公司Snowflake Inc.报告了截至2024年7月31日的财季财务结果。这家公司在全球范围内拥有分布式的员工。公司将其位于Montana州Bozeman的办公室指定为总部办公室,并宣布产品营业收入同比增长30%,达到82930万美元。净收入保留率为127%,有510个客户在过去12个月内产生了超过100万美元的产品营业收入。Snowflake还报告了拥有736个《福布斯》全球2000强客户和剩余业绩承诺额为52亿美元,同比增长48%。此外,公司批准了额外的25亿美元用于股票回购,截至2027年3月。Snowflake的首席执行官Sridhar Ramaswamy强调了强劲的季度表现,并提高了全年产品营业收入指导,称创新和新的人工智能产品取得了初步成功。详细介绍了公司根据普遍会计准则和非普遍会计准则的财务结果,包括产品营业收入增长30%,剩余业绩承诺增长48%。提供了Snowflake第三季度和2025财年的财务展望,预计产品营业收入将分别增长22%和26%。公司的股票回购计划得到扩大,并分享了电话会议和投资者演示的详细信息。
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