Snowflake Inc Ordinary Shares
SNOW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #F$ | LOCK|&Vd | LOCK|>J!?HJ |
Snowflake Earnings: Secular Demand for Data Infrastructure Modernization Drives Solid Growth
Snowflake's second-quarter year-over-year revenue growth of 31.5% accelerated 530 basis points sequentially, highlighting strong client interest in data infrastructure modernization. Non-GAAP operating margin also expanded 240 basis points sequentially to 11.2%, thanks to efficiency gains.
