FX.co ★ Snowflake Inc. Q3 Earnings Summary

Below are the key financial results for Snowflake Inc. (SNOW):

- **Net Loss:** Snowflake reported a net loss of $324.3 million in the third quarter, compared to a net loss of $214.3 million in the same quarter of the previous year.

- **Earnings per Share (EPS):** The company posted an EPS of -$0.98 for Q3, worsening from -$0.65 in the same period last year.

- **Adjusted Earnings:** Excluding certain items, Snowflake achieved an adjusted income of $73.2 million, translating to $0.20 per share for the quarter.

- **Analyst Expectations:** Financial analysts had anticipated an EPS of $0.15 for the period.

- **Revenue:** Snowflake's revenue rose substantially to $942.1 million in Q3, up from $734.2 million in the corresponding period last year.