salesforce.com (CRM) PT Lowered to $260 at Citi
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Salesforce Announces First Quarter Fiscal 2025 Results
May 29, 2024 4:01 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Salesforce (NYSE: CRM), the #1 AI CRM, today announced results for its first quarter fiscal 2025 ended April 30, 2024.
First Quarter Highlights
First Quarter Revenue of $9.13 Billion, up 11% Year-Over-Year ("Y/Y"), up 11% in Constant Currency ("CC"), inclusive of Subscription & Support Revenue of $8.59 Billion, up 12% Y/Y First Quarter GAAP Operating Margin of 18.7% and non-GAAP Operating Margin of 32.1% Current Remaining Performance Obligation of $26.4 Billion, up 10% Y/Y, up 10% in CC First Quarter... More