Salesforce: raises FY earnings estimates
(CercleFinance.com) - On its quarterly earnings call on Wednesday evening, Salesforce raised its annual targets for adjusted EPS and operating margin to $7.
41-$7.43 dollars and "around 28%", compared with previous forecasts of $7.12-$7.14 and "around 27%" three months ago.
The CRM (customer relationship management) software company has also confirmed that it expects sales of $34.5-34.7bn dollars for the current financial year, implying growth of around 10%.
It posted Q1 adjusted EPS of $1.69 and a non-GAAP operating margin of 27.6%, on sales of $8.25bn, up 11% as reported basis and up 13% at constant exchange rates.
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41-$7.43 dollars and "around 28%", compared with previous forecasts of $7.12-$7.14 and "around 27%" three months ago.
The CRM (customer relationship management) software company has also confirmed that it expects sales of $34.5-34.7bn dollars for the current financial year, implying growth of around 10%.
It posted Q1 adjusted EPS of $1.69 and a non-GAAP operating margin of 27.6%, on sales of $8.25bn, up 11% as reported basis and up 13% at constant exchange rates.
Copyright (c) 2023 CercleFinance.com. All rights reserved.