Salesforce.com: Q2 Earnings Insights

Shares of Salesforce.com CRM moved higher by 11.5% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 118.18% over the past year to $1.44, which beat the estimate of $0.67.

Revenue of $5,151,000,000 higher by 28.87% from the same period last year, which beat the estimate of $4,900,000,000.

Guidance

Salesforce.com hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 25, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.salesforce.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2399463&sessionid=1&key=83EDB6701B87B77F295741B0149543C1&regTag=&sourcepage=register

Price Action

52-week high: $210.11

52-week low: $115.29

Price action over last quarter: Up 33.04%

Company Description

Salesforce.com provides enterprise cloud computing solutions, including Sales Cloud, the company's main customer relationship management software-as-a-service product. Salesforce.com also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.