Mike Gannon
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Executive Shared Unauthorized Guidance in Instagram Video
Snowflake (SNOW) filed an 8-K with the SEC after its CRO, Mike Gannon, inadvertently disclosed unauthorized financial guidance on Instagram, estimating the company would exit the year above $4.5 billion and reach $10 billion in a few years. Snowflake clarified that Gannon isn’t authorized to disclose financial information and that investors should disregard his comments. The company reaffirmed its official guidance of $4.395 billion for fiscal year 2026, minimizing potential market impact.
