Snowflake raises annual product revenue forecast-December 2024-www.financetom.com

Snowflake raises annual product revenue forecast

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Snowflake raises annual product revenue forecast

Aug 27, 2025 1:42 PM

Aug 27 (Reuters) - Snowflake raised its

forecast for fiscal 2026 product revenue on Wednesday, banking

on strong demand for its data analytics services, as enterprises

prioritize artificial intelligence spending.

The company expects annual product revenue of $4.40 billion,

compared with its prior forecast of $4.33 billion.

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