Salesforce.com Earnings, Revenue Beat in Q4 -Breaking
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© Reuters. Quarterly Revenue Beat at Salesforce.comSalesforce.com (NYSE 🙂 announced Tuesday that the fourth quarter beat analyst forecasts with revenue surpassing expectations.
Salesforce.com posted earnings per share (EPS) of $0.84 on revenues of $7.33B. Investing.com polled analysts and predicted EPS at $0.7511 for revenue $7.25B.
Salesforce.com shares have fallen 21% since the start of the year but are still below 33.00% of its 52-week high of $311.75, set November 9, 2021. Their performance is below the 14.18% that was recorded at the beginning of the year.
Following the report, Salesforce.com shares rose by 3.99% after hours trade
This month, Salesforce.com is following other important earnings in the Information Technology sector
Salesforce.com reports on NVIDIA’s February 16 earnings beat. NVIDIA reported an EPS report of $1.32 for revenue $7.64B. This compares to NVIDIA forecasts of an EPS estimate of $1.23 for revenue $7.42B.
Cisco beat all expectations with a second quarter earnings per share of $0.84 on $12.72B in revenue, as compared to the forecast of $0.81 for $12.66B revenue.
Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar
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