Salesforce (CRM) Stock Soars After Earnings Beat and AI Deal
TLDR
- Salesforce reported fiscal Q2 2027 revenue of $11.35 billion, up about 10.8% year over year.
- Adjusted earnings per share reached $5.90, well above analyst expectations of roughly $3.27.
- Salesforce raised its fiscal 2027 revenue outlook to $46.1 billion to $46.4 billion.
- The company expects fiscal Q3 revenue between $11.42 billion and $11.50 billion, with adjusted EPS of $3.42 to $3.44.
- Salesforce stock gained more than 20% on August 27, recording one of its strongest single-day rallies.
Salesforce (CRM) stock moved sharply higher after the company reported fiscal second-quarter 2027 results and raised its full-year outlook. Investors also reacted to a new artificial intelligence partnership announced on August 27, 2026. The results showed stronger revenue, profit, and adjusted earnings, while management gave higher forecasts for the rest of the year.
Salesforce Stock Jumps After Earnings Beat
Salesforce reported quarterly revenue of $11.35 billion for the period ended July 31, 2026. Revenue rose from $10.24 billion a year earlier, representing growth of about 10.8% year over year. The company also posted strong profit growth as operating performance improved.
โฆ Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).
