Salesforce Stock Climbs After Company Lifts Full-Year Sales, Profit Outlook [Video]

Salesforce (CRM) improved its full-year outlook and reported third-quarter results that beat the Street’s expectations, sending shares higher in extended trading Tuesday. 

The cloud software company saw revenue grow 8% year-over-year to $9.44 billion, above the analyst consensus compiled by Visible Alpha. Earnings per share (EPS) were $1.58, up from $1.25 a year earlier and higher than analysts’ expectations.

Salesforce bumped up the low end of its fiscal 2025 revenue guidance to between $37.8 billion and $38 billion from a prior range of $37 billion to $38 billion. Its EPS projection was lifted to $6.15 to $6.20, up from $6.05 to $6.13. Wall Street is looking for full-year revenue of $37,87 billion and diluted EPS of $6.16, according to Visible Alpha.

The earnings beat comes as Salesforce’s stock price has gained roughly 30% since the company’s Dreamforce event in September and the unveiling of its Agentforce suite of autonomous AI agents.

“Agentforce, our complete AI …