Salesforce Q2 Earnings: Revenue Beat, EPS Beat, 'Reimagining' Enterprise Software With AI, CFO Transition And More
Portfolio Pulse from Adam Eckert
Salesforce reported strong Q2 earnings, beating revenue and EPS estimates. The company highlighted its new AI platform and announced a CFO transition. Salesforce raised its full-year earnings outlook, and shares rose 3.51% after hours.
August 28, 2024 | 8:35 pm
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Salesforce reported Q2 revenue of $9.33B, beating estimates, with EPS of $2.56. The company introduced a new AI platform and announced a CFO transition. Salesforce raised its full-year earnings outlook, and shares rose 3.51% after hours.
Salesforce's Q2 earnings beat expectations, which is a positive indicator for the stock. The introduction of a new AI platform suggests innovation and potential future growth. The CFO transition is a notable change but does not seem to negatively impact the stock. The raised full-year earnings outlook further supports a positive short-term impact on the stock price.
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