Salesforce Crushes Q2 Estimates, Boosts Revenue Outlook
Salesforce has reported better-than-expected second-quarter financial results. The enterprise software company delivered revenue of $11.35 billion, beating the consensus estimate of $11.32 billion. Adjusted earnings were $5.90 per share, exceeding estimates of $3.27 per share.
The company raised its fiscal 2027 revenue outlook from a range of $45.9 billion to $46.2 billion to a new range of $46.1 to $46.4 billion. Salesforce also increased its full-year adjusted earnings guidance from a range of $14.06 to $14.12 per share to a new range of $16.67 to $16.71 per share.
Salesforce's Chair and CEO Marc Benioff said, 'We just delivered one of our best quarters ever, outperforming across every key metric.'