Cloud-based software company Salesforce, Inc. (CRM) reported better-than-expected third-quarter results. The company surpassed the consensus revenue estimate by $3.41 million, while it topped analysts’ EPS estimate by 14.5%. Marc Benioff, CRM’s Chair & Co-CEO, said, “We’re grateful to our customers for their commitment, especially as we help them succeed in this challenging environment.”
“Our customers are tapping into the power of Customer 360 to gain faster time to value and reduce costs. We continued to drive profitable growth in the quarter, and we are closing more transformational deals and multi-cloud expansions,” said Bret Taylor, Co-CEO of CRM.
