Salesforce shares were up 7% on Tuesday after the company reported its fiscal third-quarter earnings, reporting revenue and fiscal fourth-quarter guidance that exceeded analysts' expectations.
Salesforce said that it is expecting fiscal fourth-quarter sales to come in between $9.90 billion to $10.10 billion.
Salesforce also raised the low end of its revenue guidance for its fiscal 2025 to come between $37.8 billion and $38 billion.
The new range puts the mid point for Salesforce's fiscal 2025 revenue guidance at $37.9 billion, ahead of analysts' expectations of $37.86 billion.
"We delivered another quarter of exceptional financial performance across revenue, margin, cash flow, and cRPO," Salesforce CEO Marc Benioff said in a statement.
Persons:
Salesforce, Marc Benioff, Amy Weaver, Bespoke's Paul Hickey
Organizations:
LSEG
Locations:
Salesforce