Salesforce Bumps Up FY22 Outlook, Issues FY23 Guidance

  • Salesforce.com Inc CRM raised the FY22 revenue guidance to $26.25 billion - $26.35 billion from the previous outlook of $26.2 billion - $26.3 billion and above the consensus of $26.01 billion.
  • Salesforce sees FY23 revenue of $31.65 billion - $31.80 billion and a non-GAAP operating margin of 20.0%.
  • Salesforce will hold its annual Investor Day presentation today at 8:00 am (PT) / 11:00 am (ET).
  • Price Action: CRM shares traded higher by 4.28% at $270.26 in the market session on the last check Thursday.
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