Salesforce.com (NYSE) – Investing.com reported Tuesday the results of their first quarter. They beat analyst forecasts, and had revenue surpassing expectations.

Salesforce.com reported earnings per share at $0.98 for revenue $7.41B. Investing.com polled analysts and predicted EPS at $0.9444 for revenue $7.38B.

Salesforce.com shares have fallen 36.53% over the course of 2018, but are still below 48.26% of its 52-week peak of $311.75 on November 9, 2021. They are under-performing the S&P 500 which is down 13.21% from the start of the year.

Following the release, Salesforce.com shares fell by 3.27% after hours trade

This month, Salesforce.com is following other important earnings in the Information Technology sector

Salesforce.com reported on NVIDIA’s earnings beat on May 25th, reporting EPS at $1.36 per share on revenues of $8.29B. This compares to NVIDIA’s forecasts of EPS at $1.3 for revenue of $9.12B.

Broadcom beat all expectations with its second quarter earnings per share of $9.07 on $8.1B revenue, as compared to the $8.71 forecasted for revenue of $7.91B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar