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.