Salesforce AI Boost Drives Better-Than-Expected Quarter and $2.6B Gain
Salesforce delivered a significantly better than expected quarter, with adjusted earnings of $5.90 per share and revenue of $11.35 billion. It raised full-year revenue guidance to $46.1 billion–$46.4 billion, and free cash flow jumped 81% to $1.10 billion. The upside was tied to AI momentum, including a $2.6 billion gain from its Anthropic investment and stronger performance from its own AI products.