salesforce.com (NYSE: CRM) reported its earnings after the market closed on Thursday, and the company continues to deliver. For its fiscal 2020 second quarter, which ended July 31, Salesforce generated revenue of $4 billion, up 22% year over year and 23% in constant currency. In what has become a commonplace occurrence, the results easily surpassed both analysts' consensus estimates and the high end of the company's forecasted range, which both topped out at $3.95 billion.
The customer relationship management software provider also delivered surprisingly robust earnings. Excluding the impact of one-time charges, Salesforce reported adjusted earnings per share of $0.66, sailing past the $0.47 anticipated by Wall Street.
Even as the beat and raise has become commonplace, it never ceases to delight investors, who bid the stock up more than 6% in after-hours trading.