Snowflake EPS misses by $0.19, beats on revenue

Tiger Newspress2021-05-27

(May 27) Snowflake shares slide over 3% despite beating Q1 revenue estimates with $228.9M, up 110% Y/Y. GAAP loss per share was $0.70,which might not be comparable to consensus estimates. Snowflake shares tend to pull back after earnings due to the high valuation.

  • Snowflake Q1 GAAP EPS of -$0.70misses by $0.19.
  • Revenue of $228.9M (+110.4% Y/Y)beats by $15.54M.
  • Product revenue of $213.8 million, representing 110% year-over-year growth
  • Remaining performance obligations of $1.4 billion, representing 206% year-over-year growth
  • 4,532 total customers
  • Net revenue retention rate of 168%
  • 104 customers with trailing 12-month product revenue greater than $1 million

Guidance:

  • Q2 Product revenue of $235M-$240M, up 88%-92%, operating margin -19%.
  • FY22 Product revenue of $1.02B-$1.04B vs. prior guidance of $1B-$1.02B, operating margin -17%.

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精彩评论

  • hmanxx
    2021-05-27
    hmanxx
    Pre market is dropping
  • Ezgainz
    2021-05-27
    Ezgainz
    Cool
  • koolgal
    2021-05-27
    koolgal
    Up up and away!  Please like and comment.  Thanks
  • Slowdownpok
    2021-05-27
    Slowdownpok
    What a big miss for snowflake…. 
  • JoelLee
    2021-05-27
    JoelLee
    Good news! Please reply thanks!
  • JoelLee
    2021-05-27
    JoelLee
    Wowowow. Like please!
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