Market Updates
U.S. Movers: Salesforce, Snowflake
Scott Peters
04 Dec, 2025
New York City
Snowflake dropped 9.7% to $239.20, after the company's weaker-than-expected outlook overwhelmed the fiscal third quarter results.
Revenue increased 29% to $1.2 billion from $942 million, net loss shrank to $291.6 million from $327.9 million, and diluted loss per share eased to 87 cents from 98 cents a year ago.
Snowflake estimated fiscal fourth quarter product revenue to range between $1.195 billion and $1.20 billion, an increase of 27% from a year ago.
In addition, the company estimated product revenue in fiscal year 2026 at $4.446 billion, an increase of 28% from a year ago.
Salesforce increased 1.2% to $238.72 after the customer relations management software company reported mixed results in the fiscal third quarter ending in October.
Revenue increased 10% to $10.3 billion from $9.44 billion, net income advanced to $2.1 billion from $1.5 billion, and diluted earnings per share rose to $2.19 from $1.58 a year ago.
The company guided fiscal fourth-quarter revenue to range between $11.13 billion and $11.23 billion, an increase between 11% and 12% from a year ago.
Salesforce estimated diluted net income per share to fall between $1.47 and $1.49, and current remaining performance obligation to rise about 15% from a year ago.
For the full-year fiscal 2026, the company estimated revenue between $41.45 billion and $41.55 billion, an increase between 9% and 10%, and diluted earnings per share to range between $7.22 and $7.24.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|