Salesforce Announces Strong Second Quarter Fiscal 2024 Results
Salesforce News, Wednesday, August 30,2023
Salesforce the #1 AI CRM, today announced results for its second quarter fiscal 2024 ended July 31, 2023.
'Our transformation drove our strong second quarter results, delivering revenue of $8.6 billion and record GAAP and non-GAAP operating margins,' said Marc Benioff, Chair and CEO of Salesforce. 'Based on our performance and what we see in the back half of the year, we're raising our fiscal year '24 revenue, operating margin, and operating cash flow growth guidance. As the #1 AI CRM, with industry-leading clouds, Einstein, Data Cloud, MuleSoft, Slack and Tableau, all integrated on one trusted, unified platform, we're leading our customers into the new AI era.'
"We continue to execute against our profitable growth framework, delivering 17.2% GAAP operating margin and 31.6% non-GAAP operating margin - exceeding our target three quarters early,' said Amy Weaver, President and CFO of Salesforce. 'We are accelerating our transformation and continue to drive strong shareholder value."