Salesforce: raises annual forecasts

Published: 2025-05-29 03:43:54 ET CRM

Published on 05/29/2025 at 03:43

In its quarterly earnings report released Wednesday evening, Salesforce announced that it has raised its full-year revenue forecast to $41-41.3bn, due to an expected tailwind from the depreciation of the dollar.The customer relationship management (CRM) software publisher now expects adjusted EPS of $11.27 to $11.33, up from $11.09 to $11.17 three months ago, but is maintaining its non-GAAP operating margin forecast of 34%.Salesforce's Q1 adjusted EPS rose 6% to $2.58, significantly beating consensus, with a non-GAAP operating margin improving 0.2 points to 32.3% on revenue up 8% to $9.83bn.'"We have created a deeply unified AI platform for businesses—with agents, data, applications, and a metadata platform—that is unrivaled in the industry," management said.Copyright (c) 2025 CercleFinance.com. All rights reserved.