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Salesforce posts a slight beat, stock ticks up

Matt Rosoff   

Salesforce posts a slight beat, stock ticks up
Finance1 min read

Marc Benioff

Kenneth Yeung - www.thelettertwo.com

Salesforce.com CEO Marc Benioff

Salesforce just reported earnings for the quarter ended July 31, and it's a slight beat on earnings but

Here are the numbers:

  • $0.19 EPS vs $0.18 expected (non-GAAP)
  • $1.63 billion revenue vs $1.60 billion expected.

The stock ticked up about 1% immediately as teh news crossed.

However, the stock had fallen almost 5% during regular trading, in a tough day for the market overall.

Salesforce has been on a tear for the last couple of quarters, and its stock reached an all time high immediately following its last earnings report in April.

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