Salesforce edges past Wall Street's revenue target - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Salesforce edges past Wall Street's revenue target

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Salesforce beat Wall Street's financial targets in the third quarter, even as it swung to a loss on tax related issues.

The San Francisco cloud giant grew its revenue 33% to $4.5 billion in the three months ending October 31, slightly above the $4.45 billion expected by analysts. Excluding certain items, Salesforce reported adjusted earnings per share of $0.75, compared to the $0.66 that Wall Street had forecasted. Shares of Salesforce traded up and down after the earnings report in extended trading on Tuesday, with the tock down less than 1% at last check. Revenue: $4.5 billion. Wall Street expected $4.46 billion.

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:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Would you Salesforce now?

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Recent market sell-off is an 'early Christmas gift,' says Wall Street bull Jeff Saut'Tis the season for buying opportunities, says Jeff Saut, the chief investment strategist at Capital Wealth Planning. 🤙 As it was last year Top
Source: CNBC - 🏆 12. / 72 Read more »