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8/24/2022, 10:07 PM (Source: TeleTrader)
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Salesforce's Q2 revenue up 22% to $7.72 billion

Salesforce published on Wednesday its second quarter financial results. The company's revenue went up by 22% year-on-year to reach $7.72 billion.

Adjusted earnings per share (EPS) fell to $1.19 in the quarter, while the operating cash flow went down by 13% yearly to land at $0.33 billion. Furthermore, Salesforce announced it is initiating its ''first-ever share repurchase program to continue to deliver incredible value to our shareholders on our path to $50 billion in revenue in FY26,'' the report read.

The company's shares fell 5.01% in the after-hours trading following the release of the latest financial results.

Baha Breaking News (BBN) / MM