Salesforce Beats Expectations And The Stock Takes Off (CRM)

Salesforce just reported earnings, and it looks like a beat.

Adjusted EPS came in at $0.37 versus expectations of $0.34.

Revenue was $695 million versus $678 million expected.

The stock is taking off in after-hours trading, rising 6.5% as of this writing.

The company raised its guidance for the year, too. It now expects to book $2.97 billion to $3 billion in revenue up from a range of $2.92 billion to $2.95 billion.

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