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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Salesforce Inc | NYSE:CRM | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.59 | 0.58% | 275.25 | 3,301 | 13:38:59 |
From May 2019 to May 2024
By Dave Sebastian
Shares of Salesforce.com Inc. (CRM) rose 6.62% in after-hours trading after it posted a higher second-quarter revenue and raised its full-year revenue guidance.
The cloud-based software company posted quarterly revenue of $4 billion, up from $3.28 billion in the comparable quarter last year. Analysts polled by FactSet were expecting $3.96 billion.
Salesforce raised its full-year guidance to between $16.75 billion and $16.90 billion, from a range of $16.10 to $16.25 billion.
The company's quarterly earnings declined to $91 million, or 11 cents a share, from $299 million, or 39 cents a share, in the prior year due to higher operating expenses. Analysts had expected a loss of 5 cents a share.
The company slashed its full-year per-earnings guidance to between 28 cents and 30 cents, from between 78 cents and 80 cents. It raised its full-year adjusted earnings per share guidance to between $2.82 and $2.84, from a range of $2.88 to $2.90.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
August 22, 2019 16:58 ET (20:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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