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https://investors.snowflake.com/news/news-details/2020/Snowf...


Snowflake Reports Financial Results for the Third Quarter of Fiscal 2021
12/02/2020
Product revenue of $148.5 million, representing 115% year-over-year growth
Remaining performance obligations of $927.9 million, representing 240% year-over-year growth
3,554 total customers
Net revenue retention rate of 162%
65 customers with trailing 12-month product revenue greater than $1 million
SAN MATEO, Calif.--(BUSINESS WIRE)-- Snowflake (NYSE: SNOW), provider of the Data Cloud, today announced financial results for its third quarter of fiscal 2021, ended October 31, 2020.

Total revenue for the quarter was $159.6 million, representing 119% year-over-year growth. Product revenue was $148.5 million, representing 115% year-over-year growth. Remaining performance obligations were $927.9 million, representing 240% year-over-year growth. Net revenue retention rate was 162% as of October 31, 2020. The company now has 3,554 total customers and 65 customers with trailing 12-month product revenue greater than $1 million. See the section titled “Key Business Metrics” for definitions of product revenue, remaining performance obligations, net revenue retention rate, total customers, and customers with trailing 12-month product revenue greater than $1 million.



Lee
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