Salesforce Earnings – Q2 2019

• Second Quarter Revenue of $4.0 Billion, up 22% Year-Over-Year, 23% in Constant Currency
• Current Remaining Performance Obligation of Approximately $12.1 Billion, up 23% Year-Over-Year, 25% in Constant Currency
• Remaining Performance Obligation of Approximately $25.3 Billion, up 20% Year-Over-Year
• Initiates Q3 FY20 Revenue Guidance of $4.44 Billion to $4.45 Billion, up 31% Year-Over-Year
• Initiates Q3 FY20 Current Remaining Performance Obligation Guidance of 24% to 25% Year-Over-Year

“Following an outstanding quarter, we’re raising our FY20 revenue guidance to $16.9 billion at the high-end of the range,” said Marc Benioff, Chairman & co-CEO, Salesforce. “With our Customer 360 vision, Einstein AI and the millions of Trailblazers innovating on our platform, Salesforce has never been better positioned for the future.”
“An enormous wave of digital transformation is sweeping across every industry, and major brands, like FedEx, AXA and Unicredit, turned to Salesforce in the quarter to propel their growth,” said Keith Block, co-CEO, Salesforce. “The trust our customers have in us to drive their digital transformations is reflected in our strong quarterly results across
our clouds and regions.”

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