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Snowflake | 8-K: Snowflake Reports Financial Results for the Fourth Quarter and Full-Year of Fiscal 2024

Snowflake | 8-K:Snowflake公布了2024财年第四季度和全年财务业绩

美股sec公告 ·  02/28 22:27
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On February 28, 2024, Snowflake Inc., a cloud-based data warehousing company headquartered in Bozeman, Montana, reported its financial results for the fourth quarter and full fiscal year ending January 31, 2024. The company announced a 33% year-over-year growth in product revenue for the quarter, amounting to $738.1 million, and a 38% increase for the full year, totaling $2.67 billion. Snowflake's net revenue retention rate stood at 131%, with 461 customers generating more than $1 million in trailing 12-month product revenue. The company also reported a significant customer base among the Forbes Global 2000 companies, with 691 customers. The remaining performance obligations were reported at $5.2 billion, marking a 41% growth from the previous year. Additionally, Snowflake appointed Emily Ho as the new principal accounting officer. The company's financial outlook for the first quarter of fiscal 2025 projects a product revenue growth of 26-27%, and for the full year, a 22% increase in product revenue with a 29% adjusted free cash flow margin.
On February 28, 2024, Snowflake Inc., a cloud-based data warehousing company headquartered in Bozeman, Montana, reported its financial results for the fourth quarter and full fiscal year ending January 31, 2024. The company announced a 33% year-over-year growth in product revenue for the quarter, amounting to $738.1 million, and a 38% increase for the full year, totaling $2.67 billion. Snowflake's net revenue retention rate stood at 131%, with 461 customers generating more than $1 million in trailing 12-month product revenue. The company also reported a significant customer base among the Forbes Global 2000 companies, with 691 customers. The remaining performance obligations were reported at $5.2 billion, marking a 41% growth from the previous year. Additionally, Snowflake appointed Emily Ho as the new principal accounting officer. The company's financial outlook for the first quarter of fiscal 2025 projects a product revenue growth of 26-27%, and for the full year, a 22% increase in product revenue with a 29% adjusted free cash flow margin.
2024年2月28日,总部位于蒙大拿州博兹曼的基于云的数据仓库公司Snowflake Inc. 公布了截至2024年1月31日的第四季度和整个财年的财务业绩。该公司宣布本季度产品收入同比增长33%,达到7.381亿美元,全年增长38%,总额为26.7亿美元。Snowflake的净收入留存率为131%,461名客户在过去12个月中创造了超过100万美元的产品收入。该公司还报告说,福布斯全球2000强公司拥有庞大的客户群,有691名客户。据报告,剩余的履约义务为52亿美元,比上年增长41%。此外,Snowflake任命何爱美莉为新的首席会计官。该公司对2025财年第一季度的财务展望预计产品收入将增长26-27%,全年产品收入增长22%,调整后的自由现金流利润率为29%。
2024年2月28日,总部位于蒙大拿州博兹曼的基于云的数据仓库公司Snowflake Inc. 公布了截至2024年1月31日的第四季度和整个财年的财务业绩。该公司宣布本季度产品收入同比增长33%,达到7.381亿美元,全年增长38%,总额为26.7亿美元。Snowflake的净收入留存率为131%,461名客户在过去12个月中创造了超过100万美元的产品收入。该公司还报告说,福布斯全球2000强公司拥有庞大的客户群,有691名客户。据报告,剩余的履约义务为52亿美元,比上年增长41%。此外,Snowflake任命何爱美莉为新的首席会计官。该公司对2025财年第一季度的财务展望预计产品收入将增长26-27%,全年产品收入增长22%,调整后的自由现金流利润率为29%。
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