Salesforce’s stock is up 7% after beating Wall Street’s expectations (CRM)

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Salesforce’s stock popped 7% in after market trading Thursday after the cloud software company topped Wall Street expectations and delivered a rosy forecast for the current quarter.

Here’s what Salesforce reported:

• EPS (adjusted): $0.66. Analysts forecasted $0.47.
• Revenue: $4 billion. Wall Street expected $3.95 billion.
• EPS (next quarter): $0.65 to $0.66. Analysts predicted $0.61.
• Revenue (next quarter):$4.44 billion to $4.45 billion. Wall Street expected $4.25 billion.

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Source: Business Insider – rmchan@businessinsider.com (Rosalie Chan)