Snowflake Inc.’s stock is up more than 31% over the past month, and it has risen in 13 of the past 15 sessions. The rally looks poised to sustain after earnings. The software company, which provides data-warehousing offerings for businesses, exceeded expectations with its results and outlook Wednesday. Shares rose more than 7% in extended trading.

Snowflake stock climbed on Q1 earnings that topped Wall Street targets while June quarter product revenue guidance came in above expectations.