SAN FRANCISCO--(BUSINESS WIRE)-- Salesforce (NYSE: CRM), the global leader in CRM, today announced results for its first quarter fiscal 2024 ended April 30, 2023.
- ,First Quarter Revenue of $8.25 Billion, up 11% Year-Over-Year ("Y/Y"), up 13% Constant Currency ("CC")
- First Quarter GAAP Operating Margin of 5.0% and Non-GAAP Operating Margin of 27.6%
- Current Remaining Performance Obligation of $24.1 Billion, up 12% Y/Y, 12% CC
- First Quarter GAAP Diluted Earnings per Share ("EPS") of $0.20 and Non-GAAP Diluted EPS of $1.69
- Returned $2.1 Billion in First Quarter to Stockholders in the Form of Share Repurchases
- Initiates Second Quarter FY24 Revenue Guidance of $8.51 Billion to $8.53 Billion, up ~10% Y/Y
- Reiterates Full Year FY24 Revenue Guidance of $34.5 Billion to $34.7 Billion, up ~10% Y/Y
- Raises Full Year FY24 GAAP Operating Margin Guidance to ~11.4% and Non-GAAP Operating Margin Guidance to ~28.0%
https://investor.salesforce.com/press-releases/press-release-details/2023/Salesforce-Announces-Strong-First-Quarter-Fiscal-2024-Results/default.aspx