Snowflake shares soar to highest level in over a year as revenue tops $1 billion for first time

Snowflake Inc. signage on the floor of the New York Stock Exchange in New York, US, on Jan. 2, 2025.Snowflake shares jumped 12% on Thursday, climbing to their highest level since early last year after the data analytics company reported better-than-expected quarterly results.Revenue in the fiscal first quarter of 2026 jumped 26% to $1.04 billion from$828.7 million a year earlier, and topped the $1.01 billion average LSEG estimate. It's the first time the company, which went public in 2020, has recorded mor ...