Salesforce: raises FY targets

(CercleFinance.com) - On Thursday evening Salesforce raised its revenue guidance for the current year to between 25.
9-to-26 billion dollars, along with its adjusted operating margin, which it now expects to be around 18%.

Over the first three months of the year, it posted adjusted EPS of 1.21 dollar, significantly above expectations, with an adjusted operating margin of 20.2% on revenue that is up 23% at 5.96 billion dollars (+20% at constant exchange rates).

The enterprise software company said it saw record levels of new business and strength across all of its products, regions and customer sizes.

The share is currently up 4.5% in pre-market trading on Friday.


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