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Posted by
Two Blokes Jun 15 -
Filed in
Stock
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Snowflake's revamped AI-focused strategy and new product launches are driving strong revenue growth and improved margins, positioning the company well in the AI space. Q1 results showed 25.7% YoY revenue growth, robust RPO, and customer expansion, with management raising full-year product revenue guidance despite a tough macro environment. Margin expansion is gaining traction, with cost-cutting initiatives and AI-driven productivity improvements, though GAAP profitability remains a future goal.
