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Feb 28, 09:04 PM
Salesforce Q4 Revenue Up 11% YoY, Declares First Dividend; eBay Raises Dividend to $0.27, Beats Estimates
Economics
Business

Salesforce Q4 Revenue Up 11% YoY, Declares First Dividend; eBay Raises Dividend to $0.27, Beats Estimates

Authors
  • unusual_whales
  • Evan
  • Techmeme
13

Salesforce announced its Q4 earnings, reporting an adjusted EPS of $2.29, surpassing the estimated $2.26, and revenue of $9.29 billion, an 11% increase YoY, beating the $9.22 billion forecast. The company declared its first-ever quarterly dividend of $0.40 per share, announced a $10 billion increase in its share buyback program, and reported an operating margin of 17%. Salesforce's FY25 revenue guidance is set at a 9% increase YoY to $38B. Additionally, eBay reported its Q4 earnings with an adjusted EPS of $1.07, exceeding the forecast of $1.03, and sales reaching $2.56 billion, above the expected $2.51 billion. eBay also added $2.0 billion to its stock repurchase program, raised its quarterly dividend by 8% to $0.27 from $0.25, with an indicated yield of 2.43%.

Written with ChatGPT (GPT-4).

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