News & Analysis
News & Analysis

Salesforce Q2 numbers are in

26 August 2021 By Klavs Valters


Salesforce released its latest earnings numbers for Q2 after the closing bell on Wednesday.

The cloud-based software company reported total revenue of $6.34 billion in the second quarter of the year, beating analyst forecast of $6.24 billion. The total revenue grew by 23% year-over-year. Earnings per share were reported at $1.48 per share, also beating analysts’ forecasts of $0.92 per share.

”With companies and governments around the world continuing to accelerate their digital transformations, we delivered our fifth phenomenal quarter in a row,” said Marc Benioff, Chair & CEO, Salesforce. ”Salesforce has never seen better execution or greater momentum. Our Customer 360 platform is now fueled by a herd of unicorns perfectly designed for this all-digital world. Sales, Service, Marketing & Commerce, Platform, Tableau, MuleSoft and now Slack are all billion dollar-plus products delivering customer success like no other company.”

”We had another remarkable quarter of top and bottom line performance, making this an impressive first half of this fiscal year,” said Amy Weaver, President and CFO. ”We exceeded our financial expectations in the quarter, achieving record levels of new business, and saw strong demand across our portfolio. And we are excited to build on Slack’s momentum with the power of our two companies now together.” Inc. (1Y)

Shares of Salesforce were trading higher in the after-hours trading following the latest earnings numbers – up by 1.86%. The stock is up by 20.74% in the last year after ending the trading day on Wednesday at $260.85 per share.

You can trade Inc. (CRM) and many other stocks from the NYSE, NASDAQ, HKEX and the ASX with GO Markets as a Share CFD. Click here for more information. Trading Derivatives carries a high level of risk.

Sources: Salesforce, TradingView, Refinitiv

Ready to start trading?

Disclaimer: Articles are from GO Markets analysts and contributors and are based on their independent analysis or personal experiences. Views, opinions or trading styles expressed are their own, and should not be taken as either representative of or shared by GO Markets. Advice, if any, is of a ‘general’ nature and not based on your personal objectives, financial situation or needs. Consider how appropriate the advice, if any, is to your objectives, financial situation and needs, before acting on the advice. If the advice relates to acquiring a particular financial product, you should obtain and consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) for that product before making any decisions.