Salesforce achieves near-record quarter

Salesforce has delivered its Q2 fiscal 2021 results and has raised its revenue guidance for the full year to a range of $20.7bn to $20.8bn, an increase of approximately 21 to 22 percent year-on-year.

Salesforce’s Q2 fiscal 2021 result showed total revenue increased by 29 percent year-on-year to $5.15bn, subscription and support revenues increased by 29 percent year-on-year to $4.84bn, and GAAP diluted earnings per share were $2.85.

Marc Benioff, Salesforce chair and CEO said: “It’s humbling to have had one of the best quarters in Salesforce’s history against the backdrop of multiple crises seriously affecting our communities around the world. Salesforce was founded on our belief in stakeholder capitalism and our core values of trust, customer success, innovation and equality. Our success in the quarter brought all of this together with the power of our Customer 360 platform, the resilience of our business model, putting our customers first and doing our part to take care of all of our stakeholders. We know that together we have an opportunity to emerge from these times even stronger.”

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