Snowflake Reports Strong Q1 Earnings Amid AI Growth

Snowflake (SNOW) reported a significant reduction in its net loss for Q1 FY2027 and saw revenue growth of 33.6%, driven by the artificial intelligence industry's momentum. The company raised its full-year product revenue outlook to $5.84 billion, reflecting strong performance from AI-driven initiatives.

By Angelica Ballesteros Fri, May 29, 2026 at 6:44 AM GMT+3 2 min read · Yahoo Finance ·

Snowflake Reports Strong Q1 Earnings Amid AI Growth

Tickers: $SNOW

Topics: AI cloud computing revenue growth stock performance

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