Salesforce Inc (CRM) Earnings Report, Financial Results, Financial analysis

Salesforce Inc reported in the first quarter of 2024 net earnings per share of $0.20 an increase by 566.67 % year on year from $0.03 and decline of -84.31 % from $1.27 earned in IV. Quarter (Jan 31 2023).

*first quarter of 2024*
Earnings Per Share	Revenues
$ 0.2	$ 8,247 Mill
$+0.17 +566.67 %	$+836M +11.28 %

Salesforce Inc 's Revenue rose by 11.28 % in first quarter of 2024 (Apr 30 2023) year on year, to $8,247 million and advanced by 134.02 % sequentially.

Salesforce Inc is Expected to report next financial results on August 24, 2023.

More on CRM's Income Statement

CRM's NET INCOME

Salesforce Inc 's net income of $199.000 million in the first quarter of 2024 increased by 610.71 % from net earnings of $28.000 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -82.51 % from net income of $1,138.000 million realized in previous quarter.

More on CRM's Growth

Salesforce Inc Inventories
CRM's Cash flow In thefirst quarter of 2024 company's net cash flow was $2,139 million, capital expenditures fell by 35.75%, to $-243 millions compare to same quarter a year ago and rose by -59.50% from IV. Quarter (Jan 31 2023).

More on CRM's Cash flow Statement

Earnings quality

Salesforce Inc does not pay out common stock dividend.

In trailing twelve-month period Salesforce Inc earned $ 8.02 cash per share, on a free-cash flow basis 458.42 % of net earning per share.

Book value fell by -1.38 % sequentially to $58.11 per share.
Tangible Book value fell to $ 2.22 per share from $ 2.69.

Company repurchased 2.48 million shares or 0.25 % in Apr 30 2023.
Debt Coverage Ratio was 0.18.

• More on CRM's Dividends

Market Capitalization (Millions)	212,726
Shares Outstanding (Millions)	988
Total Debt (Millions $)	9,602
Revenue (TTM) (Millions $)	27,328
Net Income (TTM) (Millions $)	1,615
Cash Flow (TTM) (Millions $)	2,296
Capital Exp. (TTM) (Millions $)	-867
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	73,541

Earnings quality

Salesforce Inc does not pay out common stock dividend.

In trailing twelve-month period Salesforce Inc had $ 8.02 cash flow per share, on a free-cash flow basis 458.42 % of net earning per share.

Book value fell by -1.38 % sequentially to $58.11 per share.
Tangible Book value fell to $ 2.22 per share from $ 2.69.

Company repurchased 2.48 million shares or 0.25 % in Apr 30 2023.
Debt Coverage Ratio was 0.18.

• More on CRM's Balance Sheets

Market Capitalization (Millions)	212,726
Shares Outstanding (Millions)	988
Total Debt (Millions $)	9,602
Revenue (TTM) (Millions $)	27,328
Net Income (TTM) (Millions $)	1,615
Cash Flow (TTM) (Millions $)	2,296
Capital Exp. (TTM) (Millions $)	-867
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	73,541

Salesforce Inc

CRM's Financial Statements and Analysis