The company said total revenue for Q3 of October 31, 2024 rose 8% year over year to $9.44 Billion (flat in constant currency), and subscription and support revenue grew 9% to $8.88 Billion.

1. 01

   The company said total revenue for Q3 of October 31, 2024 rose 8% year over year to $9.44 Billion (flat in constant currency), and subscription and support revenue grew 9% to $8.88 Billion.

2. 02

   The company said its GAAP operating margin for Q3 was 20.0% and its non-GAAP operating margin was 33.1%. GAAP diluted earnings per share were $1.58 and non-GAAP diluted earnings per share were $2.41, with losses on strategic investments affecting them by $(0.17) and $(0.18), respectively.

3. 03

   Salesforce said operating cash flow for Q3 was $1.98 Billion, up 29% year over year, and free cash flow rose 30% to $1.78 Billion. It said it returned $1.6 Billion to shareholders in the quarter, including $1.2 Billion in share repurchases and $0.4 Billion in dividend payments.

4. 04

   The company said it initiated revenue guidance for Q4 of $9.90 Billion to $10.10 Billion, up 7% to 9% year over year. It raised the low end of its full-year revenue guidance to $37.8 Billion to $38.0 Billion and also provided full-year guidance for GAAP operating margin of 19.8% and non-GAAP operating margin of 32.9%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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