earnings
confidence high
sentiment positive
materiality 0.85
Salesforce Q4 revenue $9.29B +11% YoY; initiates dividend and boosts buyback by $10B
Salesforce, Inc.
2024-FY EPS reported
$4.20
revenue$34,857,000,000
- Q4 revenue $9.29B +11% YoY; GAAP EPS $1.47, non-GAAP $2.29; FY24 revenue $34.9B +11%.
- Initiated quarterly dividend $0.40/share payable Apr 11 to holders of record Mar 14; intends ongoing dividends.
- Increased share repurchase authorization by $10B (total ~$18B); returned $1.7B in Q4, $11.7B since inception.
- FY25 guidance: revenue $37.7-38.0B (+8-9% YoY); GAAP op margin ~20.4%, non-GAAP ~32.5%; op cash flow +21-24%.
- FY24 GAAP op margin 14.4%, non-GAAP 30.5%; operating cash flow $10.2B +44% YoY.