05:41 AM EDT, 08/29/2024 (MT Newswires) -- (Updates to add the latest stock movement in the last paragraph.)

Salesforce ( CRM ) reported Q2 non-GAAP earnings Wednesday of $2.56 per diluted share, up from $2.12 a year earlier.

Analysts polled by Capital IQ expected $2.36.

Revenue for the quarter ended July 31 was $9.33 billion, up from $8.60 billion a year earlier.

Analysts surveyed by Capital IQ expected $9.23 billion.

The company said it expects Q3 non-GAAP EPS of between $2.42 and $2.44 and revenue of $9.31 billion to $9.36 billion.

Analysts polled by Capital IQ expect $2.43 and $9.41 billion, respectively.

The company expects fiscal 2025 non-GAAP EPS of $10.03 to $10.11 and revenue of between $37.7 billion and $38.0 billion. Its previous guidance was for non-GAAP EPS of $9.86 to $9.94 and revenue of $37.7 billion to $38.0 billion.

Analysts surveyed by Capital IQ expect $9.90 and $37.85 billion, respectively.

Shares of Salesforce ( CRM ) rose more than 4% in recent pre-bell activity Thursday.

Price: 269.50, Change: +10.60, Percent Change: +4.09