Salesforce's Q2 Earnings Beat: Can Upbeat Profit View Lift CRM Stock?
CRMsalesforce(CRM) ZACKS·2024-08-29 22:20

Salesforce, Inc.’s (CRM) second-quarter fiscal 2025 non-GAAP earnings per share (EPS) increased 21% to $2.56 from $2.12 in the year-ago quarter. The figure also surpassed the Zacks Consensus Estimate of $2.35. The robust year-over-year growth was driven by higher sales and the benefits of ongoing cost-restructuring initiatives, which include the trimming of the workforce and a reduction in office spaces.This enterprise cloud computing solution provider’s quarterly revenues of $9.33 billion increased 8% year ...