Fiserv earnings missed by $0.61, revenue fell short of estimates
Investing.com -- Snowflake reaffirmed its revenue guidance for the third quarter and fiscal year 2026 on Sunday after an executive officer made unauthorized statements about the company’s future results during an interview.
The cloud data platform company clarified in a regulatory 8-K filing that the executive who spoke in an October 26 interview was not a designated spokesperson authorized to disclose financial information. Snowflake advised investors not to rely on these statements.
The interview in question was posted by an Instagram account called "theschoolofhardknockz" and on related platforms.
Snowflake emphasized that its original revenue guidance, which was issued on August 27, remains in effect. The company stated it will release its third-quarter and fiscal year 2026 financial results according to its standard practices.
The filing also noted that Snowflake’s guidance philosophy remains unchanged.
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