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Salesforce Q3 2024 earnings increase on higher revenues, beat estimates

November 29, 2023
in Markets
Reading Time: 2 mins read
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Salesforce Q3 2024 earnings increase on higher revenues, beat estimates

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Buyer relationship administration platform Salesforce, Inc. (NYSE: CRM) reported greater earnings and revenues for the third quarter of 2024. Earnings additionally topped expectations.

Salesforce Q3 2024 earnings infographic

Third-quarter revenue, excluding non-recurring objects, elevated to $2.11 per share from $1.40 per share in the identical quarter final yr. On an unadjusted foundation, the corporate reported a revenue of $1.22 billion or $1.25 per share for Q3, in comparison with $210 million or $0.21 per share within the corresponding interval of 2023.

Revenues grew 11% year-over-year to $8.72 billion throughout the three-month interval. All key working segments registered progress within the October quarter.

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Tags: beatEarningsestimateshigherincreaserevenuesSalesforce
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