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Salesforce
reported better-than-expected earnings on Wednesday and topped Wall Street estimates with its revenue guidance for the fourth quarter. The stock rose 5% in extended trading.
Here’s how the company did in comparison with LSEG consensus:
Revenue increased 8.6% from a year earlier in the fiscal third quarter, which ended on Oct. 31, according to a statement. Net income increased to $2.09 billion, or $2.19 per share, from $1.53 billion, or $1.58 per share, in the same quarter last year, boosted by a $263 million gain from strategic investments.
