Salesforce q2 earnings 2024

Read the Salesforce FY Q2 earnings press release for more information.

Categories Analysis , Technology. Customer relationship management platform Salesforce, Inc. Encouraged by the positive outcome, the management raised its full-year guidance. The shares have maintained an uptrend since the beginning of the year, after suffering losses in From the lower valuation, the stock seems to be on its way back to the record highs of Considering the bright long-term prospects of the business, investors can consider adding CRM to their portfolios.

Salesforce q2 earnings 2024

Second quarter non-GAAP operating margin was Restructuring negatively impacted second quarter GAAP operating margin by 50 bps. Restructuring negatively impacted second quarter operating cash flow growth by 16, bps. The GAAP tax rates may fluctuate due to discrete tax items and related effects in conjunction with certain provisions in the Tax Cuts and Jobs Act, future acquisitions or other transactions. Q3 FY24 Guidance. Full Year FY24 Guidance. FX Impact 1. FX Impact 4. See below for an explanation of non-GAAP financial measures. Amortization of purchased intangibles 2. Fiscal Amortization of purchased intangibles. Stock-based compensation expense. Restructuring 3. Income tax effects and adjustments 4.

Please reach out with a message and we will follow up with you shortly! Encouraged by the positive dazzlings, the management raised its full-year guidance. Amortization of purchased intangibles 2.

Posted by Joachim Bartels Sep 11, ! Homepage Slider ,! Salesforce delivered the following results for its fiscal second quarter:. Second quarter non-GAAP operating margin was Restructuring negatively impacted second quarter GAAP operating margin by 50 bps. Restructuring negatively impacted second quarter operating cash flow growth by 16, bps. Source: Salesforce Earnings Release.

FedEx Corp. NYSE: FDX today reported the following consolidated results for the second quarter ended November 30 adjusted measures exclude the items listed below :. I am confident in our strategy as we make our global network more flexible, efficient, and intelligent. FedEx Ground operating income increased primarily due to yield improvement, cost reductions, and higher volumes. FedEx Freight operating income increased despite a decline in revenue. The profit increase was driven by higher yield and increased efficiency, partially offset by lower shipments. FedEx Express operating income declined due to lower revenue, partially offset by reduced operating expenses. The revenue decrease was driven by volume declines, lower fuel surcharges, reduced demand surcharges, and a mix shift toward lower-yielding services. Approximately 2. FedEx is unable to forecast the fiscal mark-to-market MTM retirement plans accounting adjustments.

Salesforce q2 earnings 2024

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Restructuring 3. You must be logged in to post a comment. From the lower valuation, the stock seems to be on its way back to the record highs of Q3 FY24 Guidance. First Name Required. Keith Kirkpatrick. Earnings also exceeded Wall Street's projection. FX Impact 4. ET to discuss its financial results with the investment community. From the leading edge of AI to global technology policy, Daniel makes the connections between business, people and tech that are required for companies to benefit most from their technology investments. Restructuring negatively impacted second quarter GAAP operating margin by 50 bps. The vision of equipping workers with their own productivity assistant by embedding AI across the entire suite of products is not solely a Salesforce vision.

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Stock-based compensation expense. Check it out here and be sure to subscribe to The Six Five Webcast so you never miss an episode. Further, the price hikes that were announced earlier in the summer are not baked into FY guidance, with Millham expecting impacts to occur over the next 3 years as contracts renew. The Futurum Group. Management will provide further commentary around these guidance assumptions on its earnings call. From the leading edge of AI to global technology policy, Daniel makes the connections between business, people and tech that are required for companies to benefit most from their technology investments. Author Information. You can always unsubscribe from our content at any time. Non-GAAP diluted earnings per share 2. Camberley Bates and Steven Dickens. Research Note.