Salesforce Inc

NYSE:CRM   3:59:59 PM EDT
170.57
-0.89 (-0.52%)
4:38:38 PM EDT: $170.58 +0.01 (+0.01%)
Positive Earnings Pre-Announcement

Salesforce Announces Strong First Quarter Fiscal 2023 Results

Published: 05/31/2022 20:16 GMT
Salesforce Inc (CRM) - Salesforce Announces Strong First Quarter Fiscal 2023 Results.
Q1 Revenue Rose 24 Percent to $7.41 Billion.
Q1 Non-GAAP Earnings per Share $0.98.
Q1 GAAP Earnings per Share $0.03.
Sees Q2 Revenue $7.69 Billion to $7.7 Billion.
Sees FY Revenue $31.7 Billion to $31.8 Billion.
Raises FY23 GAAP Operating Margin Guidance to About 3.8%.
Raises FY23 Non-GAAP Operating Margin Guidance to About 20.4%.
Q1 Earnings per Share View $0.94, Revenue View $7.38 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees FY23 GAAP EPS $0.38 - $0.40.
Initiates Q2 FY23 Revenue Guidance of $7.69 Billion to $7.70 Billion.
Sees FY23 Non-GAAP EPS $4.74 - $4.76.
Q1 Earnings per Share View $0.94, Revenue View $7.38 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2023 Earnings per Share View $4.65, Revenue View $32.06 Billion -- Refinitiv Ibes Data (analyst estimates).
Q2 Earnings per Share View $1.14, Revenue View $7.77 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees GAAP Loss per Share Range of $0.03 - $0.02 for Q2 FY23.
Sees Q2 Non-GAAP EPS $1.01 - $1.02.
As of May 31, 2022 Company is Reiterating Its Full Year FY23 Operating Cash Flow Guidance.
Revenue is expected to be $7.7 Billion
Adjusted EPS is expected to be $1.03

Next Quarter Revenue Guidance is expected to be $8.09 Billion
Next Quarter EPS Guidance is expected to be $1.28

More details on our Analysts Page.