Salesforce q2 earnings 2024

Read the Salesforce FY Q2 earnings press release for more information. Salesforce has salesforce q2 earnings 2024 rapidly adopting and incorporating AI into its product offerings and rolling them out throughout the quarter. The company has been among the most active SaaS vendors in incorporating generative AI technologies across its product portfolio, while also demonstrating a commitment to deploying it responsibly, via the Einstein Trust Layer.

Second quarter non-GAAP operating margin was Restructuring negatively impacted second quarter GAAP operating margin by 50 bps. Restructuring negatively impacted second quarter operating cash flow growth by 16, bps. The GAAP tax rates may fluctuate due to discrete tax items and related effects in conjunction with certain provisions in the Tax Cuts and Jobs Act, future acquisitions or other transactions. Q3 FY24 Guidance.

Salesforce q2 earnings 2024

Categories Analysis , Technology. Customer relationship management platform Salesforce, Inc. Encouraged by the positive outcome, the management raised its full-year guidance. The shares have maintained an uptrend since the beginning of the year, after suffering losses in From the lower valuation, the stock seems to be on its way back to the record highs of Considering the bright long-term prospects of the business, investors can consider adding CRM to their portfolios. Salesforce has a well-balanced mix, with each of the five operating segments — Sales, Service, Data, Platform, and Marketing and commerce — contributing meaningfully to the top line. Outperforming most of the top players in the tech space, the company has remained largely unaffected by economic uncertainties and cautious enterprise spending. The results also beat estimates, as they have done in almost every quarter in recent years. Meanwhile, the Salesforce leadership raised its full-year guidance for revenue, earnings, and cash flow. The current price is well above the week average. International Business Machines Corp. IBM Stock.

Get important insights straight to your inbox, receive first looks at eBooks, exclusive invitations to Webinars, and access to reports before public release. Daniel Newman. Restructuring negatively impacted second quarter operating cash flow growth by 16, bps.

Posted by Joachim Bartels Sep 11, ! Homepage Slider ,! Salesforce delivered the following results for its fiscal second quarter:. Second quarter non-GAAP operating margin was Restructuring negatively impacted second quarter GAAP operating margin by 50 bps. Restructuring negatively impacted second quarter operating cash flow growth by 16, bps.

This article is reserved for subscribers. Add to a list Add to a list. To use this feature you must be a member. Market Closed - Nyse Other stock markets. Funds and ETFs. This article is reserved for subscribers Signed up already? Log In.

Salesforce q2 earnings 2024

FedEx Corp. NYSE: FDX today reported the following consolidated results for the second quarter ended November 30 adjusted measures exclude the items listed below :. I am confident in our strategy as we make our global network more flexible, efficient, and intelligent. FedEx Ground operating income increased primarily due to yield improvement, cost reductions, and higher volumes. FedEx Freight operating income increased despite a decline in revenue. The profit increase was driven by higher yield and increased efficiency, partially offset by lower shipments.

Disastrous thesaurus

This field is for validation purposes and should be left unchanged. Get important insights straight to your inbox, receive first looks at eBooks, exclusive invitations to Webinars, and access to reports before public release. Categories Analysis , Technology. The author does not hold any equity positions with any company mentioned in this article. Encouraged by the positive outcome, the management raised its full-year guidance. Author Information. ET to discuss its financial results with the investment community. Learn how your comment data is processed. Earnings also exceeded Wall Street's projection. Restructuring negatively impacted second quarter operating cash flow growth by 16, bps.

If you are interested in watching the full episode you can check it out here. Disclaimer: The Six Five Webcast is for information and entertainment purposes only.

Check it out here and be sure to subscribe to The Six Five Webcast so you never miss an episode. Salesforce has a well-balanced mix, with each of the five operating segments — Sales, Service, Data, Platform, and Marketing and commerce — contributing meaningfully to the top line. Restructuring 2 3. About The Author. Salesforce plans to host a conference call at p. Linkedin Youtube Facebook. You must be logged in to post a comment. These releases are a result of significant research and development investments made over multiple years, designed to help customers drive cost savings, boost efficiency, and build trust. Economic Validation Futurum. You can always unsubscribe from our content at any time. Categories: AI , Enterprise Applications. Shares used in computing diluted net income per share millions 5.