Salesforce reported fiscal third-quarter earnings for the period ending in October on Tuesday, beating Wall Street expectations on earnings and sales. Futurum’s principal analyst Daniel Newman dives into the earnings report and other recent changes at the company.
The News: Salesforce shares rose as much as 3% in extended trading on Wednesday after the enterprise software maker reported fiscal second-quarter earnings and forward guidance that exceeded analysts’ estimates. Here’s how the company did: Earnings: $1.48 per share, adjusted, vs. 92 cents per share as expected by analysts, according to Refinitiv. Revenue: $6.34 billion, vs. $6.24 billion as expected by analysts, according …
Salesforce continued its FY 21 momentum with a strong first quarter for its fiscal 2022 campaign touting growth in Tableau and MuleSoft.
Salesforce finished its year delivering 20% growth for the quarter and 24% for the year. Going forward it anticipates similar growth in FY 21.
Salesforce announced its fiscal Q4 earnings which delivered on revenue and earnings while also seeing co-CEO Keith Block resign and another big acquisition.
Salesforce has had a steady drumbeat of strong earnings performances over the past few years, but has their innovation run its course?