Summary by Moomoo AI
On December 3, 2024, Salesforce announced its Q3 FY25 results, reporting revenue of $9.44B, an 8% YoY increase. Subscription and support revenue reached $8.88B, up 9% YoY. GAAP diluted net income per share was $1.58, while non-GAAP was $2.41. Operating cash flow rose 29% YoY to $1.98B, with a free cash flow of $1.78B, up 30% YoY.Salesforce returned $1.6B to shareholders through share repurchases and dividends. The company raised its FY25 revenue guidance to $37.8B-$38.0B, up 8%-9% YoY, and increased its GAAP operating margin guidance to 19.8%. Non-GAAP operating margin guidance was raised to 32.9%, with operating cash flow growth expected at 24%-26% YoY.CEO Marc Benioff highlighted the role of Agentforce in driving digital transformation. CFO Amy Weaver emphasized disciplined growth and shareholder value, with total capital returns surpassing $20B.