Salesforce (CRM) Tops Q1 EPS by 33c, Offers Q2 and FY Guidance

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 Salesforce Announces Strong First Quarter Fiscal 2022 Results

May 27, 2021 4:05 PM EDT

Raises FY22 Revenue Guidance to $25.9 Billion to $26.0 Billion

First Quarter Revenue of $5.96 Billion, up 23% Year-Over-Year, 20% in Constant Currency Current Remaining Performance Obligation of Approximately $17.8 Billion, up 23% Year-Over-Year, 20% in Constant Currency First Quarter Operating Cash Flow of $3.23 Billion, up 74% Year-Over-Year First Quarter GAAP Operating Margin of 5.9% and Non-GAAP Operating Margin of 20.2% Raises FY22 GAAP Operating Margin Guidance to Approximately 1.4% and Non-GAAP Operating Margin Guidance to Approximately 18.0% Initiates Second Quarter FY22 Revenue Guidance of $6.22 Billion to $6.23 Billion, up Approximately 21%... More