earnings
confidence high
sentiment positive
materiality 0.75
Salesforce posts Q1 revenue $7.41B, +24%; raises FY23 non-GAAP margin to ~20.4%
Salesforce, Inc.
2023-Q1 EPS reported
$0.03
revenue$7,411,000,000
- Q1 revenue $7.41B (+24% YoY); GAAP EPS $0.03, non-GAAP EPS $0.98.
- GAAP operating margin 0.3%; non-GAAP operating margin 17.6%; operating cash flow $3.68B (+14%).
- cRPO $21.5B (+21% YoY, +24% constant currency); total RPO $42B.
- Raised FY23 GAAP operating margin guidance to ~3.8% and non-GAAP to ~20.4%.
- Q2 revenue guidance $7.69-7.70B (~21% YoY); FY23 revenue $31.7-31.8B (~20% YoY).