Categories AlphaGraphs, Earnings, Technology
CRM Earnings: Salesforce Q4 2024 profit and revenue beat estimates
Customer relationship management platform Salesforce, Inc. (NYSE: CRM) reported higher earnings and revenues for the fourth quarter of 2024. The results also topped expectations.
Fourth-quarter profit, excluding non-recurring items, increased to $2.29 per share from $1.68 per share in the same quarter last year. On an unadjusted basis, the company reported a profit of $1.45 billion or $1.47 per share for Q4, compared to a loss of $98 million or $0.10 per share in the corresponding period of 2023.
Revenues grew 11% year-over-year to $9.29 billion during the three months. All key operating segments registered growth in the January quarter.
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