This needs to be cleared up for
$SNOW. Many people are claiming that they missed their operating margins by 66%. Analysts are comparing GAAP results to non-GAAP guidance. Snowflake reaffirmed its year-long operating income guidance and raised its FCF guidance by 1%.
Other analysts are comparing
$SNOW product revenue to total revenue guidance and claiming they missed. Snowflake actually beat total revenue guidance by ~2%.