Snowflake Inc Ordinary Shares - Class A

SNOW: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$653.00QvpQfztjnfq

Snowflake’s Q2 Beats by Taking Its Upmarket by Storm; Shares Attractive Even With Shares Up 18%

Snowflake’s second quarter was an excellent one, as revenue and GAAP EPS came in well above our expectations and management’s due to a snowballing effect which has Snowflake making traction upmarket. We think such success lies in the ease of setting up and trying out the Snowflake platform, which involves little upfront costs due to the company’s consumption model.

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