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Snowflake raises annual product revenue forecast

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Snowflake raises annual product revenue forecast

Aug 22, 2024 2:05 AM

Aug 21 (Reuters) - Data cloud analytics firm Snowflake

raised its forecast for full-year product revenue on

Wednesday, as it attracts more clients to its cloud platform

owing to advancements in artificial intelligence.

The company now expects product revenue of $3.36 billion for

fiscal 2025, compared with its prior forecast of $3.30 billion.

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