RTTNews | Sep 23, 2021 10:14AM EDT

10:14 Thursday, September 23, 2021 (RTTNews.com) - Shares of cloud-based business software maker Salesforce.com Inc (CRM) are up 5 percent on Thursday's trading as the company slightly lifted its revenue guidance for full year 2022, and provided revenue guidance for fiscal 2023 above the Street view.

For fiscal 2022, the company raised its revenue guidance to a range of $26.25 billion to $26.35 billion from the prior forecast range of $26.2 billion to $26.3 billion. On average, analysts polled by Thomson Reuters currently estimate revenues of $26.31 billion for the year.

For fiscal 2023, the company now projects revenues in a range of $31.65 billion to $31.80 billion, while the Street is looking for revenues of $31.47 billion.

Currently at $269.88, the stock has traded between $201.51 and $275.22 during the past 52 weeks.

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