Categories AlphaGraphs, Earnings, Technology
CRM Earnings: Key quarterly highlights from Salesforce’s Q1 2023 financial results
Salesforce (NYSE: CRM) reported first quarter 2023 earnings results today.
Total revenue increased 24% year-over-year to $7.41 billion. Revenue growth was 26% in constant currency.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2022/05/Salesforce-Q1-2023-Earnings-Infographic-622x1024.jpg)
GAAP net income was $28 million, or $0.03 per share, compared to $469 million, or $0.50 per share, in the same period last year. Adjusted EPS was $0.98.
Both the top and bottom line numbers beat expectations, sending the stock up 7% in after-market hours.
For the second quarter of 2023, Salesforce expects GAAP loss per share of $0.03-0.02. For the full year of 2023, the company expects GAAP EPS of $0.38-0.40.
Prior performance
![Salesforce reports Q4 2022 earnings results](https://cdn.news.alphastreet.com/wp-content/uploads/2022/03/Salesforce-Q4-2022-Earnings-Infographic-622x1024.jpg)
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%