The first cloud-software company to enter Dow Jones had a good Q2
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.
Read all about the company’s addition into #DJIA here!
Sources: marketwatch.com, cnbc.com
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.