Salesforce Posts Higher 3Q Sales
2022年12月1日 - 6:51AM
Dow Jones News
By Kathryn Hardison
Salesforce Inc. posted higher third-quarter revenue, citing
customer demand even against a challenging economic backdrop.
The business software provider posted net income of $210
million, or 21 cents per share, for the recently ended period, down
from last year's net income of $468 million, or 47 cents per share,
a year ago. Adjusted per-share earnings came to $1.40, above
analysts' expectations of $1.22 per share, according to
FactSet.
Revenue increased to $7.84 billion, up 19% on a
constant-currency basis. Analysts expected $7.83 billion.
Sales of its subscription and support segment increased 13% to
$7.23 billion, while professional services revenue increased 25% to
$60 million.
"Our customers are tapping into the power of Customer 360 to
gain faster time to value and reduce costs," said Co-Chief
Executive Bret Taylor, who is stepping down from his position Jan.
31 of next year.
At that time, Marc Benioff will be Chair and sole CEO of the
company.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
November 30, 2022 16:36 ET (21:36 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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