Investing.com - Salesforce.com (NYSE:CRM) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Salesforce.com announced earnings per share of $1.48 on revenue of $6.34B. Analysts polled by Investing.com anticipated EPS of $0.9216 on revenue of $6.24B.
Salesforce.com shares are up 12% from the beginning of the year, still down 8.11% from its 52 week high of $284.50 set on September 2, 2020. They are under-performing the S&P 500 which is up 19.74% from the start of the year.
Salesforce.com shares gained 2.53% in after-hours trade following the report.
Salesforce.com follows other major Technology sector earnings this month
Salesforce.com's report follows an earnings beat by Apple on July 27, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.33B.
Alphabet C had beat expectations on July 27 with second quarter EPS of $27.26 on revenue of $61.88B, compared to forecast for EPS of $19.33 on revenue of $56.19B.
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