Categories AlphaGraphs, Earnings, Technology

CRM Earnings: Key quarterly highlights from Salesforce’s Q2 2023 financial results

Salesforce (NYSE: CRM) reported second quarter 2023 earnings results today.

Total revenues increased 22% year-over-year to $7.72 billion. Revenues grew 26% on a constant currency basis.

Net income dropped to $68 million, or $0.07 per share, compared to $535 million, or $0.56 per share, last year. Adjusted EPS amounted to $1.19.

For the third quarter of 2023, revenues are expected to range between $7.82-7.83 billion.

Both the top and bottom line numbers beat estimates but guidance fell short of expectations, causing the stock to fall 5.5% in after-market hours.

Prior performance

Salesforce Q1 2023 Earnings Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Walgreens Boots Alliance set to report Q2 earnings. Here’s what to expect

Walgreens Boots Alliance, Inc. (NASDAQ: WBA), a market leader in health and wellness services, is preparing to report second-quarter results, with market watchers forecasting a mixed outcome. As part of

Chewy (CHWY) is set for meaningful growth in the coming year, here’s why

Shares of Chewy, Inc. (NYSE: CHWY) stayed red on Thursday. The stock has dropped 2% over the past three months. The pet products company ended fiscal year 2024 on a

GME Earnings: GameStop Q4 2024 profit rises; sales down 28%

Video game company GameStop Corp. (NYSE: GME) has reported an increase in fourth-quarter 2024 earnings, despite a double-digit fall in revenues. Net sales decreased to $1.28 billion in the fourth

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close