04:44 PM EDT, 09/03/2025 (MT Newswires) -- Salesforce ( CRM ) late Wednesday reported stronger-than-expected fiscal second-quarter results amid continued artificial intelligence momentum.

The customer relationship management platform's adjusted earnings per share rose to $2.91 during the three months ended July 31 from $2.56, compared with the $2.78 consensus compiled by FactSet. Revenue gained 10% year-over-year to $10.24 billion, above Wall Street's $10.14 billion view.

Data cloud and AI annual recurring revenue soared 120% year-on-year to more than $1.2 billion. Subscription and support revenue increased 11% to $9.69 billion.

Salesforce ( CRM ) said it now expects fiscal 2026 adjusted EPS of $11.33 to $11.37, compared with $11.27 to $11.33 previously anticipated. Revenue is seen growing 8.5% to 9% to $41.1 billion to $41.3 billion. The company raised the bottom end of its sales forecast from a prior outlook for $41 billion. The consensus is for adjusted EPS of $11.32 on revenue of $41.2 billion.

For the current quarter, the company projects adjusted EPS of $2.84 to $2.86 on revenue between $10.24 billion and $10.29 billion, which would reflect 8% to 9% annual growth. The Street is projecting $2.85 and $10.29 billion, respectively.

Salesforce ( CRM ) expanded its share repurchase program by $20 billion, boosting the total authorized amount to $50 billion.

Shares were down 3.9% in after-hours trading.