Salesforce: first dividend and share buybacks

(CercleFinance.com) - On its quarterly earnings call, Salesforce announced on Wednesday evening that it is paying first-ever quarterly dividend of $0.
40 per share, and announced that it had authorized an additional $10bn in share buybacks.

It posted Q4 adjusted EPS of $2.29 and a non-GAAP operating margin of 31.4%, on sales of $9.29bn, up 11% (+10% at constant exchange rates).

The CRM (customer relationship management) software specialist expects adjusted EPS of between $9.68 and $9.76, a non-GAAP operating margin of around 32.5%, and sales of between $37.7bn and $38bn for the year ahead.


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