Salesforce Inc. (NYSE:CRM) reported its fourth-quarter results after Wednesday's closing bell. Here's a look at the key figures from the quarter.
The Details: Salesforce reported quarterly earnings of $2.78 per share, which beat the analyst consensus estimate of $2.61. Quarterly revenue came in at $9.99 billion, which missed the analyst consensus estimate of $10.03 billion and is an increase over revenue of $9.287 billion from the same quarter last year.
For the fourth quarter, Salesforce reported:
Read Next: Tesla Competes Against Chinese Rivals ‘With One Hand Tied Behind Its Back’: Analyst
“We had an incredible quarter and year, with strong performance across all our key metrics, including the highest cash flow in our company’s history and more than $60 billion in RPO,” said Marc Benioff, chair and CEO of Salesforce.
“No company is better positioned than Salesforce to lead customers through the digital labor revolution. With our deeply unified platform, seamlessly integrating our Customer 360 apps, Data Cloud and Agentforce, we’re already delivering unprecedented levels of productivity, efficiency and cost savings for thousands of companies,” Benioff added.
Outlook: Salesforce sees first-quarter adjusted earnings of between $2.53 and $2.55 per share, versus the $2.61 estimate, and revenue in a range of $9.71 billion to $9.76 billion, versus the $9.9 billion estimate.
The company expects fiscal 2026 adjusted earnings of between $11.09 and $11.17 per share, versus the $11.19 estimate, and revenue in a range of $40.5 billion and $40.9 billion, versus the $41.34 billion estimate.
CRM Price Action: According to data from Benzinga Pro, Salesforce shares are down 4.99% after-hours at $292 on Wednesday.
Read Next:
Image: Shutterstock
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.