Salesforce: beats consensus in Q2
(CercleFinance.com) - Salesforce has published Q2 2018-19 EPS that has been increased 6.
5-fold y-o-y, to 39 cents.
Adjusted (non-GAAP) EPS reached 71 cents, 24 cents above the consensus.
The San Francisco software reported revenue that is up 27% at nearly 3.3 billion dollars, which enables it to say that it is on track to reach its target of 23 billion dollars for fiscal year 2021-22.
Salesforce is therefore raising its target revenue range for the current year to between 13.125 dollars and 13.175 billion dollars, and expects to report EPS of 97 cents or 99 cents (i.e. adjusted EPS of 2.50 dollars or 2.52 dollars).
Copyright (c) 2018 CercleFinance.com. All rights reserved.
5-fold y-o-y, to 39 cents.
Adjusted (non-GAAP) EPS reached 71 cents, 24 cents above the consensus.
The San Francisco software reported revenue that is up 27% at nearly 3.3 billion dollars, which enables it to say that it is on track to reach its target of 23 billion dollars for fiscal year 2021-22.
Salesforce is therefore raising its target revenue range for the current year to between 13.125 dollars and 13.175 billion dollars, and expects to report EPS of 97 cents or 99 cents (i.e. adjusted EPS of 2.50 dollars or 2.52 dollars).
Copyright (c) 2018 CercleFinance.com. All rights reserved.