Salesforce Q2 Fiscal Earnings Handily Beat Estimates, Rallying Its Stock

Salesforce cleared Wall Street expectations for its second fiscal quarter on Thursday, posting earnings of $0.19 per share and revenue of $1.63 billion after consensus had called for non-GAAP earnings of $0.18 off revenue of $1.60 billion. The beat sent shares of Salesforce rebounding upward after a brutal day for tech stocks and the Dow Jones industrial average overall.

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