Benzinga | Aug 25, 2021 04:33PM EDT

Recap: Salesforce.com Q2 Earnings

Shares of Salesforce.com (NYSE:CRM) rose in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 2.78% year over year to $1.48, which beat the estimate of $0.92.

Revenue of $6,340,000,000 rose by 23.08% from the same period last year, which beat the estimate of $6,240,000,000.

Outlook

Salesforce Sees Q3 2022 EPS $0.91-$0.92 Vs $0.81; Sees FY22 EPS $4.36-$4.38 Vs Est $3.82

Salesforce Sees Q3 2022 Revs $6.78B-$6.79B Vs $6.66B Est; FY22 Revs $26.2B-$26.3B Vs $26.01B Est

Details Of The Call

Date: Aug 25, 2021

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.salesforce.com%2F&eventid=3196580&sessionid=1&key=E4F208A6635A4BB0BDDAB02F66DB734E&regTag=&V2=false&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $284.50

Company's 52-week low was at $201.51

Price action over last quarter: Up 12.43%

Company Profile

Salesforce.com provides enterprise cloud computing solutions, including Sales Cloud, the company's main customer relationship management software-as-a-service product. Salesforce.com also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.