Salesforce (CRM) earnings Q4 2023


Marc Benioff, co-founder and CEO of Salesforce, speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023.

Stefan Wermuth | Bloomberg | Getty Images

Salesforce shares soared 16% in extended trading on Wednesday after the cloud software maker beat Wall Street estimates on profit and issued a better-than-expected forecast.

Here’s how the company did:

  • Earnings: $1.68 per share, adjusted, vs. $1.36 per share as expected by analysts, according to Refinitiv.
  • Revenue: $8.38 billion, vs. $7.99 billion as expected by analysts, according to Refinitiv.

Salesforce’s revenue grew 14% year over year in the fiscal fourth quarter, which ended on Jan. 31, consistent with the previous quarter,…

Source cnbc.com

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