Salesforce reported Q1 earnings with a slight increase in GAAP earnings to $1.541 billion, or $1.59 per share, and revenue growth of 7.6% to $9.829 billion. Adjusted earnings were $2.499 billion, or $2.58 per share. The company's guidance for the next quarter includes an EPS of $2.76 - $2.78 and revenue of $10.11 - $10.16 billion, while full-year guidance projects EPS of $11.27 - $11.33 and revenue of $41.0 - $41.3 billion.
Salesforce.com Inc. (CRM) reported a modest increase in its first-quarter GAAP earnings, which rose to $1.541 billion, or $1.59 per share, from $1.533 billion, or $1.56 per share, in the corresponding period last year. The company's revenue experienced a 7.6% year-over-year growth, reaching $9.829 billion compared to $9.133 billion. On an adjusted basis, Salesforce posted earnings of $2.499 billion, equivalent to $2.58 per share for the quarter. Looking forward, Salesforce issued guidance for its next quarter, projecting earnings per share between $2.76 and $2.78, with revenues anticipated in the range of $10.11 billion to $10.16 billion. For the full fiscal year, the company forecasts earnings per share to be between $11.27 and $11.33, and total revenue to fall within $41.0 billion to $41.3 billion, indicating expectations for continued growth.
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