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00:02Salesforce reported adjusted earnings of $3.88 per share for the first quarter of fiscal 2027,
00:10beating estimates of $3.12 per share, according to Benzinga Pro.
00:16Revenue came in at $11.13 billion, topping the consensus estimate of $11.05 billion and rising
00:2413% year-over-year. The enterprise software company exited the quarter with total remaining
00:30performance obligations of $67.9 billion, up 11% year-over-year. Cash and cash equivalents came
00:38in at $8.94 billion. CEO Mark Benioff called the quarter outstanding, citing record revenue,
00:45deals, and cash flow, and identified Agentic AI as the company's biggest growth opportunity.
00:50For the second quarter, the company expects revenue of $11.27 billion to $11.35 billion
00:57and adjusted earnings of $3.25 to $3.27 per share. Shares rose by 0.51% at $178.41
01:06in Thursday's
01:08pre-market trading, according to data from Benzinga Pro. For all things money, visit Benzinga.com.
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