- Snowflake's revenue grew 28% to $942 million
- Snowflake's net loss for the quarter amounted to $324 mln
- At the same time, the net loss for the year increased by $110 million
- Revenue from product sales generated 96% of all revenue
- Snowflake has a strong focus on cost savings
- Snowflake has no plans to downsize its employees
- At the end of October, the number of customers was 10.6+ thousand
- The number increased by 369 customers in the last quarter
- New orders from U.S. authorities could help business growth
- It earned $3.9 billion in Q4 thanks to AWS
- Snowflake shares are already down 35% since the start of 2024
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