Key Highlights
- Salesforce reported a record quarter, with profit significantly exceeding forecasts.
- The AI and data business is approaching a $1.4 billion run-rate.
- Despite revenue slightly below expectations, the sales backlog grew in double digits.
- The stock rose more than 5% in after-hours trading following the earnings announcement.
- Salesforce had been down about 30% for the year prior to this report.
