Snowflake (NASDAQ: SNOW) heads into its earnings report after the market closes today with investors watching closely for signs of margin discipline and execution in enterprise AI workloads. Shares are up more than 20% year to date,

Snowflake Inc (NYSE: SNOW) shares rally after strong Q1 results and positive analyst takeaways during an exciting earnings season.

Despite a massive rally in recent weeks, the price-to-sales multiple on Snowflake shares suggests they could extend gains further in the months ahead.

Snowflake is poised for upside with strong revenue growth, record RPO, and standout innovation driving long-term value. Learn why SNOW stock is a strong buy.

Snowflake reported first-quarter revenue of $1.04 billion, beating analyst estimates of $1.01 billion. The AI data cloud company reported adjusted earnings of 24 cents per share, beating analyst estimates of 21 cents per share, according to Benzinga Pro.

Snowflake shares popped on Thursday after the data analytics company reported better-than-expected earnings and revenue.

Snowflake posts better-than-expected earnings and issues guidance ahead of analysts’ estimates, while shares of Lumen Technologies soar as AT&T will buy Lumen’s mass markets fiber business for $5.75 billion.