Salesforce (CRM) Stock Falls 6% on Worse Than Expected Q4 EPS Guidance as Q3 Results Beat

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Go back to Salesforce (CRM) Stock Falls 6% on Worse Than Expected Q4 EPS Guidance as Q3 Results Beat

Salesforce Announces Strong Third Quarter Fiscal 2022 Results

November 30, 2021 4:05 PM EST

Reiterates FY23 Revenue Guidance of $31.7 Billion to $31.8 Billion

Third Quarter Revenue of $6.86 Billion, up 27% Year-Over-Year, 26% in Constant Currency Current Remaining Performance Obligation of Approximately $18.8 Billion, up 23% Year-Over-Year, 23% in Constant Currency Third Quarter GAAP Operating Margin of 0.6% and Non-GAAP Operating Margin of 19.8% Initiates Fourth Quarter FY22 Revenue Guidance of $7.224 Billion to $7.234 Billion, up Approximately 24% Year-Over-Year Raises FY22 Revenue Guidance to $26.39 Billion to $26.40 Billion, up Approximately 24% Year-Over-Year Raises FY22 GAAP Operating Margin Guidance to Approximately 1.8% and Non-GAAP Operating Margin Guidance to Approximately 18.6% Raises... More