Tim Beyers
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the GAAP net loss margin was negative 23%.
So give me your take here.
How do you look at this quarter and Sentinel-1 overall?
Rick, let me get your take here, and I'll give you this.
This is another of those companies that issues a lot of stock-based compensation equivalent to 29% of revenue during the quarter.
That worth it?
Not worth it?
What do you think about this company?
All right, let's pivot to Snowflake here.
So, similar story.
This is an unprofitable company that has absolutely throttled the market year-to-date, Sandmeet.
Stock is up, beating the market by over 66% so far this year.
And the results were pretty good.
Product revenue growth, 29%.
Comes in at $1.16 billion.
The remaining performance obligations, if you don't know what that is, think of it as backlog, $7.88 billion.
That's big.
That was up over 37%.
And the non-GAAP operating margin did expand by 450 basis points year over year and reached 11%.
Give me your take here, and then I'll bring in some other stats here.