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by quickthrowman 1203 days ago
> their earnings and profits are both up by double digit

To be more specific, their adjusted non-GAAP profits are higher than expected. By GAAP measures they posted a loss for the previous quarter.

1 comments

Fair but I’m going by the first thing their CEO told investors:

> “For the full year we delivered $31.4 billion in revenue, up 18% year-over-year, or 22% in constant currency, one of the best performances of any enterprise software company our size,” said Marc Benioff, Chair and CEO of Salesforce. “We closed FY23 with operating cash flow reaching $7.1 billion, up 19% year-over-year, the highest cash flow in our company’s history, and one of the highest cash flows of any enterprise software company our size.”