Salesforce (CRM) improved its full-year outlook and reported third-quarter results that beat the Street's expectations, sending shares higher in extended trading Tuesday.
The cloud software company saw revenue grow 8% year-over-year to $9.44 billion, above the analyst consensus compiled by Visible Alpha. Earnings per share (EPS) were $1.58, up from $1.25 a year earlier and higher than analysts' expectations.
Salesforce bumped up the low end of its fiscal 2025 revenue guidance to between $37.8 billion and $38 billion from a prior range of $37 billion to $38 billion. Its EPS projection was lifted to $6.15 to $6.20, up from $6.05 to $6.13. Wall Street is looking for full-year revenue of $37,87 billion and diluted EPS of $6.16, according to Visible Alpha.
The earnings beat comes as Salesforce's stock price has gained roughly 30% since the company’s Dreamforce event in September and the unveiling of its Agentforce suite of autonomous AI agents.
“Agentforce, our complete AI system for enterprises built into the Salesforce Platform, is at the heart of a groundbreaking transformation,” CEO Marc Benioff said in a statement. “The rise of autonomous AI agents is revolutionizing global labor, reshaping how industries operate and scale.”
Shares of Salesforce rose 8% in recent after-hours trading. They are up some 27% in 2024 through Tuesday’s close.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。