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Snowflake’s stock surges on earnings crush and revenue beat
- Snowflake Inc. reported impressive fourth-quarter financial results, beating earnings and revenue projections.
- The company's earnings per share were 30 cents, exceeding the forecasted 18 cents.
- Snowflake's product revenue reached $943.3 million, higher than the expected $914 million.
- Despite a widening net loss, Snowflake's stock surged by 9% in after-hours trading.
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