Investing.com - Salesforce.com (NYSE:CRM) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Salesforce.com announced earnings per share of $1.44 on revenue of $5.15B. Analysts polled by Investing.com anticipated EPS of $0.67 on revenue of $4.9B.
Salesforce.com shares are up 32.83% from the beginning of the year and are trading at $227.20 , down-from-52-week-high.They are outperforming the S&P 500 which is up 6.59% from the start of the year.
Salesforce.com shares gained 5.17% in after-hours trade the report.
Salesforce.com follows other major Technology sector earnings this month
Salesforce.com's report follows an earnings beat by Apple on Thursday, July 30, 2020, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.29B.
Alphabet C had beat expectations on Thursday, July 30, 2020 with second quarter EPS of $10.13 on revenue of $38.3B, compared to forecast for EPS of $7.95 on revenue of $37.33B.
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