Salesforce (CRM) announced solid earnings numbers on Tuesday, outperforming expectations and delivering vigorous growth rates across the board. The company has abundant room for sustained growth in the years ahead, and the stock price still offers attractive upside potential from current valuation levels.
Salesforce Is Firing On All Cylinders
Salesforce reported both sales and earnings numbers above market expectations for the third quarter of fiscal year 2020. Total revenue was $4.5 billion, an increase of 33% year-over-year. Adjusted earnings per share came in at $0.75, increasing by 23% year over year and beating