8-KEarnings & ResultsExhibits & Filings

Snowflake Inc. 8-K Report, Financial Results (May 26, 2021)

Filed May 26, 2021For Securities:SNOW

Summary

Snowflake Inc. (SNOW) filed an 8-K on May 25, 2021, to announce its financial results for the first fiscal quarter ended April 30, 2021. The filing primarily serves to incorporate by reference the press release detailing these results, which was issued on May 26, 2021. While the 8-K itself does not contain the detailed financial figures, it directs investors to the accompanying press release (Exhibit 99.1) for comprehensive information regarding the company's performance during the period. This filing is a standard procedure for publicly traded companies to disseminate material information, such as quarterly earnings. Investors should refer to the press release dated May 26, 2021, for specifics on Snowflake's revenue, profitability, customer growth, and any forward-looking guidance. The report also includes a customary disclaimer stating that the information furnished, including the press release, is not considered "filed" under Section 18 of the Exchange Act, thus limiting liability.

Key Highlights

  • 1Snowflake Inc. announced its Q1 fiscal year 2022 financial results via a press release filed as Exhibit 99.1 with this 8-K.
  • 2The 8-K was filed on May 25, 2021, with the press release dated May 26, 2021.
  • 3The filing's primary purpose is to make the Q1 earnings press release publicly available and incorporated by reference.
  • 4Investors seeking detailed financial performance metrics, such as revenue, net loss, and customer metrics, should consult the referenced press release.
  • 5The report includes a standard disclaimer that the furnished information is not deemed 'filed' for purposes of Section 18 of the Exchange Act.
  • 6This filing is a routine event for companies reporting quarterly financial outcomes.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially announce and incorporate by reference Snowflake's press release containing its financial results for the first fiscal quarter ended April 30, 2021.

The detailed financial results are available in the press release issued by Snowflake on May 26, 2021, which is attached as Exhibit 99.1 to this 8-K filing.

No, this 8-K filing itself does not contain new financial data. It serves as a vehicle to make the press release containing the financial results publicly accessible. All the specific operational and financial details are within the referenced press release.

The disclaimer means that while the information is being disclosed, it is not subject to the same liabilities under Section 18 of the Securities Exchange Act of 1934 as information that is formally 'filed' with the SEC. This is a common practice for earnings press releases furnished under Item 2.02.