Company Earnings Update 4 minutesRegister for Free AccessSalesforce (NYSE: CRM) 2Q20 Results: Quarter in Line/Beats Consensus, Strength from Marketing and Commerce, Raises Revenue Guidance Coresight Research August 22, 2019 Executive Summary Salesforce reported fiscal 2Q20 revenues of $4.00 billion, up 21.8% and in line with the $3.96 billion consensus estimate. Adjusted EPS was $0.66, down 6.9% year over year and beating the $0.47 consensus estimate. Marketing and commerce cloud was the fastest-growing segment, growing 36.3% year over year, driven by strong subscription and support growth. Salesforce adjusted fiscal 2020 guidance, raising revenue guidance to $16.75-16.90 billion (up 25-27% year over year) from $16.10-16.25 billion and updating adjusted EPS guidance to $2.82-2.84 (up 3% year over year). Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: The Power of First-Party Data: Five Ways To Maximize Business SuccessUS Store Tracker Extra, August 2023: Retailers To Open 78 Million Square Feet of New Retail Space This YearDecode the Future of How We Shop, Eat and Play at NextGen Commerce, a Coresight Research Conference—Event PreviewManhattan Momentum 2023 Conference: Manhattan Associates Adds RFID, Touts Cloud-Native Architecture, Generative AI Potential and Google Shopping Integration