which Salesforce intends to run as an independent product, contributed $122 million to the total revenue, net of purchase accounting adjustments, the company said on its earnings call.
The stock was down about 3% in after-hours trading, during the earnings call.
Here's what Salesforce reported:
Revenue for the quarter (GAAP): Salesforce reported $3.28 billion, up 27% from the year before. Analysts expected $3.23 billion.
Earnings per share for the quarter (adjusted): Salesforce reported $0.71. Analysts expected $0.47.
Operating cash flow for the quarter: $458 million, up 38% from the year before.
Revenue guidance for Q3 (GAAP): Salesforce expects $3.355 to $3.65 billion. Analysts were looking for $3.35 billion.
Earnings per share guidance for Q3 (adjusted): Salesforce expects to post earnings of $0.49 to $0.50 per share. Analysts were looking for $0.54.
Revenue guidance for Fiscal Year 2019 (GAAP): Salesforce expects $13.13 billion to $13.18 billion. Analysts were looking for $13.13 billion.
Earnings per share guidance for Fiscal Year 2019 (adjusted): Salesforce expects $2.50 to $2.52. Analysts were looking for $2.32.
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