Salesforce revenue beats on higher demand for cloud software [Reuters (UK)]
Salesforce, Inc. (CRM)
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Source: Reuters
Salesforce revenue beats on higher demand for cloud software - Reuters 1 Min Read (Reuters) - Salesforce.com Inc ( CRM.N ) reported quarterly revenue above Wall Street estimates on Thursday, as more customers signed up for its cloud software. Total revenue surged 22% to $4 billion in the second quarter ended July 31, compared with analysts’ estimates of $3.95 billion, according to IBES data from Refinitiv. However, net income fell to $91 million, or 11 cents per share, from $299 million, or 39 cents per share, a year earlier. Reporting by Neha Malara in Bengaluru; Editing by Anil D'Silva All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved.
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- Salesforce, Inc. (NYSE: CRM) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $342.00 price target on the stock.MarketBeat
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CRM
Earnings
- 2/28/24 - Beat
CRM
Sec Filings
- 4/16/24 - Form 4
- 4/15/24 - Form 4
- 4/12/24 - Form 4
- CRM's page on the SEC website