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Salesforce stock jumps as it raises profit forecast, CFO says company will be more ‘measured’ in hiring

Salesforce stock jumps as it raises profit forecast, CFO says company will be more 'measured' in hiring

Salesforce shares rose 8% in extended trading on Tuesday after the enterprise-software maker reported fiscal first-quarter results that surpassed analysts’ expectations and lifted its full-year earnings guidance.

Here’s how the company did:

  • Earnings: 98 cents per share, adjusted, vs. 94 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $7.41 billion, vs. $7.38 billion as expected by analysts, according to…


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