Salesforce.com (NYSE: CRM) surged 5.09% in after-hours trading on Wednesday following the release of its third-quarter earnings report. The stock's rally was driven by better-than-expected earnings and an upbeat revenue outlook.
The company reported adjusted earnings per share of $3.25, beating analyst estimates of $2.86. Revenue came in at $10.26 billion, slightly below the consensus estimate of $10.27 billion. Salesforce also raised its full-year revenue guidance to $41.45 billion-$41.55 billion, up from its previous forecast of $41.1 billion-$41.3 billion.
Investors cheered the strong performance of Salesforce's AI products, particularly Agentforce, which surpassed $500 million in annual recurring revenue. The company also announced a deepened collaboration with AWS to launch Agentforce 360 for AWS, further bolstering its AI offerings.

