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Snowflake Inc. (NYSE:SNOW) shares are trading higher Thursday after the company reported better-than-expected fourth-quarter results and announced an expanded partnership with Microsoft Inc. (NASDAQ:MSFT).
What To Know: The company posted earnings of 30 cents per share, beating analyst estimates of 17 cents. Revenue came in at $986.77 million, above the $955.93 million consensus and up from $774.7 million a year ago.
Snowflake also announced a broader partnership with Microsoft to integrate OpenAI’s models into its platform.
Despite the strong results, the company’s outlook was below …
