Snowflake reports Q3 revenue up 67% YoY to $557M, vs. $539M est., and anticipates Q4 product revenue between $535M and $540M, vs. $553M est.; stock drops 12%+ (Ashley Capoot/CNBC)

Snowflake reports Q3 revenue up 67% YoY to $557M, vs. $539M est., and anticipates Q4 product revenue between $535M and $540M, vs. $553M est.; stock drops 12%+ (Ashley Capoot/CNBC)

Ashley Capoot / CNBC:
Snowflake reports Q3 revenue up 67% YoY to $557M, vs. $539M est., and anticipates Q4 product revenue between $535M and $540M, vs. $553M est.; stock drops 12%+  —  – Snowflake fell in extended trading on Wednesday after the company released third-quarter results that beat estimates but offered light product revenue guidance.