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Snowflake Experiences Robust Gross sales Progress

Snowflake Experiences Robust Gross sales Progress

Snowflake Inc.’s income greater than doubled within the newest interval and the cloud-computing-services firm issued a bullish outlook, cheering traders.

The Montana-based firm, which went public final yr and has but to succeed in profitability, posted income of $334.4 million on Wednesday to generate a internet lack of $154.9 million, beating Wall Avenue expectations.

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