Salesforce Announces Strong Quarterly Profit Growth
Posts Record Operating Margin of 33.7% in Q2 Fiscal 2025
By USinMinutes
Published - Aug 28, 2024, 04:03 PM ET
Last Updated - Aug 28, 2024, 04:04 PM EDT
Salesforce [CRM] reported a strong quarterly profit of $1.43 billion for the second quarter of fiscal 2025, which ended on July 31, 2024. This represents an increase from the previous quarter.
The company, headquartered in San Francisco, California, reported to SEC in an 8-K filing $1.47 earnings per share in the quarter, compared to $1.28 in the previous quarter.
Salesforce, a prominent player in the technology industry sector, reported revenues of $9.33 billion. This figure shows growth compared to the previous quarter.
In comparison to the same quarter in the previous year, Salesforce's revenue increased, indicating positive growth. Additionally, there was a percentage change in profit compared to the same quarter of the previous year.
264.2 (4.55)
