
Snowflake Inc. (SNOW) provides a cloud-based data platform in the United States and internationally. The company’s platform offers Data Cloud. Its medium is used by various organizations of sizes in a range of industries.
SNOW shares soared following the company’s second-quarter results release, which beat the top line. SNOW’s revenue came in at $497.25 million, up 82.7% year-over-year, topping the analysts’ expectation of $467 million.