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CEO NA Magazine > News > Salesforce earnings beat expectations, stock surges

Salesforce earnings beat expectations, stock surges

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Salesforce earnings beat expectations, stock surges
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Cloud software company Salesforce beat Wall Street’s earnings and revenue expectations in Q2, causing the company’s stock to surge in turn.

Salesforce reportedly pulled in $8.60 billion in revenue in Q2 compared to analysts’ $8.53 billion prediction, up 11% year-over-year.

Likewise, Salesforce’s earnings were at $2.12 per share during the second fiscal corner, up from Wall Street’s $1.90 per share expectations.

As a result of the news, Salesforce shares jumped 6% during extended trading Wednesday.

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