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Clearing Up Analysts Mistakes for $SNOW
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%.

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Other analysts are comparing $SNOW product revenue to total revenue guidance and claiming they missed. Snowflake actually beat total revenue guidance by ~2%.

Jeff Sanders's avatar
What a mess by the analysts. ER it self was ok didn’t think it was terrible.
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