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

US Bancorp (USB) reports lower adj. earnings for Q2; revenue drops

Financial services company U.S. Bancorp (NYSE: USB) on Wednesday announced operating results for the second quarter of 2024, reporting a decline in revenues and adjusted net income. Total net revenue

Johnson & Johnson (JNJ) Q2 2024 Earnings: Key financials and quarterly highlights

Johnson & Johnson (NYSE: JNJ) reported its second quarter 2024 earnings results today. Reported sales increased 4.3% year-over-year to $22.4 billion. Operational sales growth was 6.6%. Net income decreased 12.8% to

What to look for when Coca-Cola Company (KO) reports Q2 results

The Coca-Cola Company (NYSE: KO) is all set to unveil its second-quarter 2024 financial results next week. Over the years, it has constantly innovated its portfolio and expanded far beyond

Add Comment
Viewing Highlight