Salesforce Upgrades Profit Engine Amid Strong Revenue Growth
Salesforce has upgraded its profit engine as the company continues to demonstrate steady business momentum.
The company's Q3 financial results reveal a significant increase in revenue, with sales reaching $11.1 billion, up 13% from the same period last year.
Subscription and support revenue soared to $10.6 billion, driven by enterprise customers' growing demand for cloud software and AI services.
The company's GAAP earnings per share stood at $2.42, while non-GAAP EPS reached $3.88, both of which saw significant improvement over the previous year.