Salesforce's stock is up 7% after beating Wall Street's expectations

Marc Benioff Salesforce.JPG

REUTERS/Andrew Kelly

Marc Benioff, CEO of Salesforce

Salesforce's stock popped 7% in after market trading Thursday after the cloud software company topped Wall Street expectations and delivered a rosy forecast for the current quarter.

Here's what Salesforce reported:

  • EPS (adjusted): $0.66. Analysts forecasted $0.47.
  • Revenue: $4 billion. Wall Street expected $3.95 billion.
  • EPS (next quarter): $0.65 to $0.66. Analysts predicted $0.61.
  • Revenue (next quarter):$4.44 billion to $4.45 billion. Wall Street expected $4.25 billion.

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