Salesforce beats growth expectations, as investors digest the Slack acquisition

Salesforce beats growth expectations, as investors digest the Slack acquisition

3 years ago
Anonymous $RGO3jP_V_c

https://techcrunch.com/2020/12/01/salesforce-beats-growth-expectations-as-investors-digest-the-slack-acquisition/

Today after the bell, Salesforce reported its third-quarter earnings for its fiscal 2021, a period that ended October 31, 2020. The CRM giant reported top-line revenue of $5.42 billion, up 20% from the year-ago period. Salesforce also had net income of $1.08 billion and earnings per share of $1.15.

Analysts had expected the company to earn $0.75 per share, off of revenues of $5.25 billion, according to Yahoo Finance.

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