Salesforce's results and guidance came in stronger than analysts had predicted.
shares jumped 6% in extended trading on Wednesday after the cloud software company announced quarterly results and guidance that surpassed Wall Street's expectations.$2.12 per share, adjusted, vs. $1.90 per share as expected by analysts, according to Refinitiv.Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JPMorgan appears to be getting a little nervous about Salesforce ahead of earningsAnalyst Mark Murphy maintained his buy rating on the cloud-based software company, however.
Source: CNBC - 🏆 12. / 72 Read more »
Salesforce is on the AI train, but that won’t guarantee blowout earningsSalesforce is expected to highlight its AI products in its earnings report, but analysts caution that business spending hasn't been as robust as expected.
Source: MarketWatch - 🏆 3. / 97 Read more »
AI in focus: Here's what to look for when Salesforce and Broadcom report earningsWhen these two tech firms release earnings, Wall Street will be looking to see if their respective bets on artificial intelligence are starting to pay off.
Source: CNBC - 🏆 12. / 72 Read more »