Salesforce beats quarterly estimates with $11.13 billion revenue
Salesforce reported stronger-than-expected quarterly results, with earnings per share of $3.88 adjusted and revenue of $11.13 billion.
The company’s revenue increased 13% year over year during the quarter. Net income rose to $2.11 billion, or $2.42 per share.
For the current quarter, Salesforce expects $3.25 to $3.27 in adjusted earnings per share on $11.27 billion to $11.35 billion revenue. The company also pushed up its full-year forecast to $14.06 to $14.12 in adjusted earnings per share on $45.9 billion to $46.2 billion in revenue.