earnings
confidence high
sentiment positive
materiality 0.75
Salesforce Q2 FY23 revenue $7.72B (+22% YoY); initiates $10B share repurchase
Salesforce, Inc.
2023-Q2 EPS reported
$0.10
revenue$15,131,000,000
- Revenue $7.72B (+22% YoY, +26% CC); subscription revenue $7.14B (+21% YoY).
- GAAP EPS $0.07, Non-GAAP EPS $1.19; GAAP operating margin 2.5%, non-GAAP 19.9%.
- Current RPO $21.5B (+15% YoY, +19% CC); total RPO $41.6B (+15% YoY).
- Full-year FY23 revenue guidance raised to $30.9-$31.0B (+17% YoY); GAAP operating margin ~3.6%.
- Board authorized $10B share repurchase program (first-ever) with no fixed expiration.