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Is Snowflake Stock a Buy?

TheMotleyFool

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Snowflake's (NYSE: SNOW) stock price rose to a six-month high after the company posted its second-quarter earnings report on Aug. 25. The cloud-based software company's revenue rose 104% year over year to $272.2 million, beating estimates by $15.5 million. Its net loss widened from $77.6 million to $189.7 million, or $0.64 per share, but it still beat expectations by two cents.

Is Snowflake's stock still worth buying after its post-earnings pop? Let's dig deeper into its growth rates, challenges, and valuations to decide.

Image source: Getty Images.

Source Fool.com

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