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Salesforce shares rose 7% after reporting fiscal third-quarter earnings that beat expectations, with revenue of $9.44 billion and earnings per share of $2.41 adjusted. The company’s net income was $1.5 billion, up 25% from the previous year, and it expects fourth-quarter sales between $9.90 billion to $10.10 billion with earnings per share projected at $2.57 to $2.62. Salesforce also raised its fiscal 2025 revenue guidance to $37.8 billion to $38 billion, ahead of analysts’ expectations, and CEO Marc Benioff highlighted the success of the company’s AI system, Agentforce.
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