The soon-to-be Dow member reported earnings per share of $1.44, topping estimates by 77 cents, according to Refinitiv. Revenue came in at $5.15 billion, higher than the $4.9 billion forecast on the Street. Revenue from the core Sales Cloud, which enables salespeople and managers to keep track of business, totaled $1.
28 billion, growing 13% on an annualized basis.– Shares of Urban Outfitters soared nearly 22% after the apparel retailer posted a big earnings surprise. The company reported a profit of 35 cents per share for its latest quarter, compared with expectations of a 40 cents per share loss from Refinitiv. Its revenue also topped estimates on the back of an increase in digital sales.
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Salesforce won’t be stopping anytime soon
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