Releasing quarterly results after Wednesday’s closing bell, Salesforce (CRM) posted first quarter revenue of $9.83 billion (vs. estimates of $9.75 billion) and adjusted earnings of $2.58 per share (vs. estimates of $2.44 per share). Salesforce shares are getting a lift in extended hours trading on this positive earnings news.
Julie Hyman and Josh Lipton dive deeper into Salesforce’s performance, including comments from CEO Marc Benioff, the cloud developer’s positive full-year outlook, and the company’s position in the AI trade.
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