Salesforce: strong Q2 results

(CercleFinance.com) - Salesforce last night reported what it dubbed one of its best quarters ever, despite the coronavirus crisis, with revenues up 29% at 5.
15 billion dollars.

Non-GAAP EPS reached 1.44 dollar, massively outpacing expectations by almost 80 cents.

The enterprise software publisher, which will replace the oil giant Exxon Mobil in the Dow Jones, the index of 30 leading Wall Street stocks, as of Monday 31 August, says that it has raised its FY expectations, with revenues of between 20.7-20.8 billion dollars (+21-22% y-o-y). Q3 revenues are also expected to be up 16%.


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