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Benzinga
Benzinga
Business
Wayne Duggan

9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock'

Salesforce Inc (NYSE:CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast.

On Tuesday, Salesforce reported adjusted first-quarter EPS of 98 cents on $7.41 billion in revenue. Both numbers beat consensus analyst estimates of 94 cents and $7.38 billion, respectively. Revenue was up 24% from a year ago.

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