6/1, 10:39 AM (Source: TeleTrader)
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Salesforce shares rise 7% following upbeat outlook

Shares of Salesforce Inc. traded higher in the premarket session of Wednesday, following the optimistic outlook for the year ahead and the remarks business remained robust amid the current economic situation.

Yesterday, the company revealed that its GAAP diluted earnings per share for the first quarter of fiscal 2023 came in at $0.03, while revenues jumped 24% year on year to $7.41 billion, and gross profit grew 22% to $5.37 billion.

Salesforce's shares were up 7.66% at 4:34 am ET to go for $172.51.

Baha Breaking News (BBN) / JG