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Salesforce Stock Climbs After Company Lifts Full-Year Sales, Profit Outlook

Salesforce CEO Marc Benioff in September.
Salesforce CEO Marc Benioff in September.

Brontë Wittpenn / 🌺San Francisco Chronicle via Getty Imag෴es

Salesforce (CRM) improved its full-year outlook and reported third-quarter results༺ that beat the Street's expectations, sending shares higher in extended trading Tuesday. 

The cloud software company saw revenue grow 8% year-over-year to $9.44 billion, above the analyst consensus compiled by Visible Alpha. 澳洲幸运5官方开奖结果体彩网:Earnings per share (EPS) were $1.58, up from $1.25 a🙈 year earlier and higher than analys𝔉ts' expectations.

Salesforce bumped up the low end of i🅰ts fiscal 2025 revenue guidance to between $37.8 billion and $38 billion from a prior range of $37 billion to $38 billion. Its EPS projection was lifted to $6.15 to $6.20, up🎃 from $6.05 to $6.13. Wall Street is looking for full-year revenue of $37,87 billion and diluted EPS of $6.16, according to Visible Alpha.

Shares Have Soared Since Agentforce Debut

The earnings beat comes as Salesforce's stock price has gained roughly 30% since the company’s Dreamforce event in September and the unveiling of its Agentforce suite of autonomous AI agents.

“Agentforce, our complete AI system for enterprises built into the Salesforce Platform, is at the heart of a groundbreaking transformation,” CEO Marc Benioff said in a statement. “The rise of autonomous AI agents is revolutionizing global labor, reshaping how industries operate and scale.”

Shares of Salesforce rose 8% in recent after-hours trading. They are up some 27% in 2024 through Tuesday’s close.

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