Salesforce beats growth expectations as investors digest the Slack acquisition
Today after the bell, Salesforce reported its third-quarter earnings for its fiscal 2021, a period that ended October 31, 2020. The CRM giant reported top-line revenue of $5.42 billion, up 20% from the year-ago period. Salesforce also had net income of $1.08 billion and earnings per share of $1.15.
Analysts had expected the company to earn $0.75 per share off revenues of $5.25 billion, according to Yahoo Finance.
