Snowflake shares pop 16% on earnings and revenue beat

By CNBC | Nov 20, 2024 at 04:40 PM EST

Snowflake's stock surged 16% after exceeding Q3 earnings expectations. Despite a revenue increase, the company's net loss widened. Snowflake also announced partnerships and acquisitions. The stock had declined 35% in 2024, as discussed in a conference call.

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