AICNBC Techabout 3 hours ago
Snowflake spikes 22% on strong results and AI coding momentum
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Snowflake shares rose 22% in extended trading after reporting fiscal second-quarter revenue of $1.55 billion, up 35% year over year, beating expectations. The company's CoCo AI coding agent now has 9,100 accounts, up over 2,000 in the quarter. Snowflake raised its full-year product revenue forecast to $6.07 billion.
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