Salesforce, the leading customer relationship management (CRM) software company, reported its Q3 earnings for the fiscal year 2025, showing a revenue of $8.5 billion, which represents a 14% year-over-year growth. The earnings per share (EPS) came in at $1.12, surpassing Wall Street expectations of $1.00. The company’s strong performance is attributed to the growing demand for cloud-based solutions and increased adoption of its services across various sectors. CEO Marc Benioff stated in a conference call, ‘Our growth is indicative of the ongoing digital transformation across industries.’ Additionally, Salesforce’s subscription and support revenues rose to $6.75 billion, contributing significantly to the overall revenue. Salesforce also raised its full-year revenue guidance to between $34 billion and $34.1 billion, up from its previous forecast of $33.6 billion to $33.7 billion. The company attributed this revised guidance to strong demand from enterprise customers, particularly in the healthcare and financial services sectors. Benioff emphasized, ‘We are committed to delivering innovation that helps our customers connect with their customers in a whole new way.’ The earnings report led to a rise in Salesforce’s stock price by 8% in after-hours trading, reflecting the positive sentiment from investors. The report aligns with industry trends where demand for CRM solutions is expected to continue growing, positioning Salesforce strongly for fiscal year 2025 and beyond.
Salesforce Reports Strong Q3 Earnings, Exceeding Expectations
