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The Wall Street Publication > Blog > Tech > Snowflake Reports Strong Sales Growth
Tech

Snowflake Reports Strong Sales Growth

Editorial Board Published December 1, 2021
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Snowflake Reports Strong Sales Growth
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Snowflake Inc.’s revenue more than doubled in the latest period and the cloud-computing-services company issued a bullish outlook, cheering investors.

The Montana-based company, which went public last year and has yet to reach profitability, posted revenue of $334.4 million on Wednesday to generate a net loss of $154.9 million, beating Wall Street expectations.

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