The first cloud-software company to enter Dow Jones had a good Q2
Salesforce,
the soon-to-be member of USA30,
posted the Q2 earnings.
The company reported a second-quarter net income of $2.63
billion, or $2.85 per share. Salesforce revenue figures were $5.15 billion,
outperforming the $4 billion reported the same time last year. It beat the
analyst expectations of $4.9 billion, with an adjusted EPS of 67 cents.
For the next quarter, the cloud-based software company
expects an adjusted EPS of 73-74 cents, and revenues reaching a high of $5.25
billion.
The company is looking for revenues that could reach a high of
$20.8 billion at a yearly level, while the EPS is seen between $3.72-
$3.74.
Following the report, Salesforce stock price rallied more
than 13%, pushing it to a record high. Year-to-date, it gained more than 33%,
while USA500 went up
6.6%, and TECH100
added 28%.
Sources: marketwatch.com, cnbc.com
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