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8/25/2021, 10:11 PM (Source: TeleTrader)
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Salesforce Q2 revenue tops estimates at $6.34B

Salesforce.com Inc. said on Wednesday that its second-quarter revenue annually surged 23% to reach $6.34 billion, beating market estimates. However, the company's diluted earnings per share tumbled to $0.56 in the same period, with net income landing at $535 million.

"With companies and governments around the world continuing to accelerate their digital transformations, we delivered our fifth phenomenal quarter in a row," CEO Marc Benioff noted in the report.

Commenting on the outlook, Salesforce increased its full-year guidance saying it now expects growth of up to 24%. The company's shares rose 1.83% to $265.82 per share following the earnings announcement.

Baha Breaking the News (BBN) / ND