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Oct 31, 2020
Snowflake Q3 2021 Earnings Report
Announced financial results for the third quarter of fiscal 2021.
Key Takeaways
Snowflake reported a total revenue of $159.6 million, representing a 119% year-over-year growth. Product revenue was $148.5 million, a 115% increase year-over-year. The company's remaining performance obligations grew by 240% year-over-year, reaching $927.9 million, and the net revenue retention rate was 162%.
Product revenue of $148.5 million, representing 115% year-over-year growth
Total revenue for the quarter was $159.6 million, representing 119% year-over-year growth
Remaining performance obligations of $927.9 million, representing 240% year-over-year growth
Net revenue retention rate of 162%
Revenue by Segment
Forward Guidance
The following table summarizes our guidance for the fourth quarter of fiscal 2021:
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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