Salesforce (CRM) Tops Q1 EPS by 8c, Guidance Tops Views

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Salesforce Announces Strong First Quarter Fiscal 2024 Results

May 31, 2023 4:05 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Salesforce (NYSE: CRM), the global leader in CRM, today announced results for its first quarter fiscal 2024 ended April 30, 2023.

First Quarter Revenue of $8.25 Billion, up 11% Year-Over-Year ("Y/Y"), up 13% Constant Currency ("CC") First Quarter GAAP Operating Margin of 5.0% and Non-GAAP Operating Margin of 27.6% Current Remaining Performance Obligation of $24.1 Billion, up 12% Y/Y, 12% CC First Quarter GAAP Diluted Earnings per Share ("EPS") of $0.20 and Non-GAAP Diluted EPS of $1.69 Returned $2.1 Billion in First Quarter to Stockholders in the Form of... More