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07.07.26 - 17:36
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Snowflake′s $80 Billion Data Bet Is Starting to Show Results (24/7 Wall St.)
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Snowflake's title bet references an $80 billion data opportunity, but the number in the Q1 FY27 filing that actually validates the thesis is the size of the contracted backlog. That contracted figure is what long-term holders should anchor on. The Number Snowflake (NYSE:SNOW) closed Q1 FY27 with $9.21 billion in remaining performance obligations, up 38% ... Snowflake's $80 Billion Data Bet Is Starting to Show Results...
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