Salesforce Shares Rise 12% After Hours, Q2 Revenue Reaches $11.35 Billion

Salesforce shares rose 12% in after-hours trading on the U.S. stock market, as its reported earnings and guidance exceeded Wall Street expectations. The company reported a second-quarter revenue of $11.35 billion, with a net profit of $3.53 billion, marking an 87% year-over-year increase. The investment in Anthropic yielded a gain of $2.6 billion. For the third fiscal quarter, adjusted earnings per share are expected to be between $3.42 and $3.44, with revenue projected to be between $11.42 billion and $11.5 billion. The full-year earnings per share are anticipated to be between $16.67 and $16.71, with revenue expected to be between $46.1 billion and $46.4 billion.

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