{"id":31694,"date":"2022-06-01T06:31:04","date_gmt":"2022-06-01T06:31:04","guid":{"rendered":"https:\/\/harchi90.com\/salesforce-boosts-profit-outlook-shares-rise\/"},"modified":"2022-06-01T06:31:04","modified_gmt":"2022-06-01T06:31:04","slug":"salesforce-boosts-profit-outlook-shares-rise","status":"publish","type":"post","link":"https:\/\/harchi90.com\/salesforce-boosts-profit-outlook-shares-rise\/","title":{"rendered":"Salesforce boosts profit outlook, shares rise"},"content":{"rendered":"
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Check out what’s clicking on FoxBusiness.com.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Salesforce Inc increased its full-year adjusted profit forecast on strong demand for its software as companies look to improve efficiencies.<\/p>\n

Shares of the company traded 8% higher in the after-hours session.<\/p>\n

GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n

Salesforce raised its profit estimate for the period ending in January to $ 4.75 per share from its prior forecast of $ 4.63.<\/p>\n

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The Salesforce logo is pictured on a building in San Francisco, California. REUTERS \/ Lily Jamali<\/span> (Reuters \/ Lily Jamali \/ Reuters Photos)<\/span><\/p>\n<\/div>\n<\/div>\n

The company reported revenue of $ 7.41 billion, up from $ 5.96 billion in the year-ago quarter and topping estimates.<\/p>\n

SALESFORCE UNVEILS ‘TRAILBLAZER RANCH’ TO RECONNECT REMOTE EMPLOYEES<\/strong><\/p>\n

The company’s sales outlook for the current quarter fell below Wall Street estimates. Salesforce sees second-quarter revenue of $ 7.69 billion to $ 7.70 billion; the average analyst estimate was for $ 7.77 billion.<\/p>\n\n\n\n\n\n
Ticker<\/th>\nSecurity<\/th>\nLast<\/th>\nChange<\/th>\nChange%<\/th>\n<\/tr>\n<\/thead>\n
CRM<\/td>\nSALESFORCE INC.<\/td>\n161.30<\/td>\n-3.79<\/td>\n-2.30%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Salesforce reported earnings of $ 28 million, or 3 cents a share, compared with $ 469 million, or 50 cents a share, a year earlier. Adjusted per-share earnings were 98 cents, down from $ 1.21 in the year-ago quarter.<\/p>\n

CLICK HERE TO READ MORE ON FOX BUSINESS<\/u><\/strong><\/p>\n

Salesforce was among the cloud-based business services providers that saw a sales increase during the COVID-19 pandemic as worked set up home offices.<\/p>\n

Reuters contributed to this report.<\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Check out what’s clicking on FoxBusiness.com. Salesforce Inc increased its full-year adjusted profit forecast on strong demand for its software as companies look to improve efficiencies. Shares of the company traded 8% higher in the after-hours session. GET FOX BUSINESS ON THE GO BY CLICKING HERE Salesforce raised its profit estimate for the period ending …<\/p>\n

Salesforce boosts profit outlook, shares rise<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":31695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[8],"tags":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2018\/03\/0\/0\/2018-03-13T120406Z_1_LYNXNPEE2C0UE_RTROPTP_3_USA-SALESFORCE-1.jpg?ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2018\/03\/0\/0\/2018-03-13T120406Z_1_LYNXNPEE2C0UE_RTROPTP_3_USA-SALESFORCE-1.jpg?ve=1&tl=1","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/31694"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=31694"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/31694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media\/31695"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=31694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=31694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=31694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}