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Snowflake reported Q2 earnings of 62 cents per share on $1.55 billion revenue, beating forecasts. The company raised its fiscal 2026 product revenue outlook to $6.1 billion. CEO Sridhar Ramaswamy said Snowflake is on track to break even next fiscal year. Stock rose over 22% in extended trading.
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Summary by ByteBrief
Snowflake Raises Annual Sales Forecast