Snowflake Shares Soar as Outlook Brightens. Is It Too Late to Buy the Stock?
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It had been a very difficult year for Snowflake (NYSE: SNOW) stock going into its fiscal 2025 third-quarter earnings report. Then investors got something to cheer about in its results and the stock skyrocketed higher. The stock was still down about 15% on the year as of the time of this writing, but that's a big improvement from just a few months ago.Let's take a closer look at the cloud-based data warehousing company's Q3 earnings results to see if the turnaround in the stock can continue.On the revenue growth front, Snowflake's fiscal 2025 Q3 performance was pretty similar to its second-quarter performance when the stock tumbled. However, its revenue beat this quarter was more significant, and investors also liked the company's commitment to cost management.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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