Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Salesforce shares were up 7% on Tuesday after the company reported its fiscal third-quarter earnings, reporting revenue and fiscal fourth-quarter guidance that exceeded analysts' expectations. Here is how the company did compared to what Wall Street was expecting, based on a survey of analysts by LSEG:
Salesforce Q3 Earnings: Revenue Beat, EPS Miss, Free Cash Flow Up 30%, AI Driving 'Groundbreaking Transformation' And More
Q2 Earnings: Salesforce reported third-quarter revenue of $9.44 billion, beating the consensus estimate of $9.35 billion. The enterprise cloud solutions company reported adjusted earnings of $2.41 per share, missing analyst estimates of $2.44 per share, according to Benzinga Pro.
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