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Salesforce.com Lifts FY22 Outlook, Shares Up 5%


Salesforce.com Lifts FY22 Outlook, Shares Up 5%
WASHINGTON (dpa-AFX) - Shares of Salesforce.com Inc (CRM) gained over 5% in extended trading hours on Thursday after the company lifted its financial outlook for the full year 2022.
Looking forward, the cloud-based enterprise software marker now expects adjusted earnings of $3.79 to $3.81 per share and revenues of $25.9 billion to $26.0 billion. Analysts polled by Thomson Reuters currently estimate earnings of $3.43 per share and revenues of $25.76 billion for the period.
Previously, the company expected earnings of $3.39 to $3.41 per share and revenues of $25.65 billion to $25.75 billion.
Commenting on the results and outlook, CEO Marc Benioff said, We believe our Customer 360 platform is proving to be the most relevant technology for companies accelerating out of the pandemic. With incredible momentum throughout our core business, we re raising our revenue guidance for this fiscal year by $250 million to approximat ....

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