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Salesforce.com Earnings, Revenue Beat in Q2

Salesforce.com Earnings, Revenue Beat in Q2

Investing.com - Salesforce.com (NYSE:CRM) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $0.66 on revenue of $4B. Analysts polled by Investing.com expected EPS of $0.47 on revenue of $3.95B. That compared to EPS of $0.71 on revenue of $3.28B in the same period a year earlier. The company had reported EPS of $0.93 on revenue of $3.74B in the previous quarter.

Salesforce.com shares gained 5.95% to trade at $157.15 in after-hours trade following the report.

Salesforce.com follows other major Technology sector earnings this month

On July 30, Apple reported third quarter EPS of $2.18 on revenue of $53.81B, compared to forecasts of EPS of $2.09 on revenue of $53.32B.

Alphabet C earnings beat analysts' expectations on July 25, with second quarter EPS of $14.21 on revenue of $38.94B. Investing.com analysts expected EPS of $11.1 on revenue of $38.15B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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