Salesforce Q2 earnings rise above expectations

Published: 28 August 2024
on channel: Yahoo Finance
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Salesforce (CRM) Salesforce reported fiscal 2025 second quarter results that topped Street estimates on both the top and bottom lines. Adjusted earnings of $2.56 per share was better than the expected $2.35. Revenue was $9.33 billion versus the expected $9.23 billion.

The company's third quarter revenue outlook fell short of analyst estimates. It expects revenue in a range of $9.31 billion to $9.36 billion compared to a $9.42 billion estimate.

Salesforce did raise its full-year earnings guidance to a range of $10.03 to $10.11 per share. It had been $9.86 to $9.94 per share.

It was also announced that president and CFO Amy Weaver is stepping down. She will remain in the CFO role until a successor is appointed.


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