Salesforce's stock price increases following better-than-expected earnings and revenue forecast for the fourth quarter.

• On Tuesday, Salesforce's shares rose 5% after the company released its fiscal third-quarter earnings, which included revenue and forecasts for the fiscal fourth quarter that surpassed analysts' predictions.
• During the fiscal third quarter, which ended on Oct. 31, the company's revenue grew 8% year-over-year, while its net income increased by 25% to $1.5 billion from $1.2 billion in the previous year.
• Salesforce anticipates its fiscal fourth-quarter sales to fall between $9.9 billion and $10.10 billion, which is lower than the analysts' projection of $10.05 billion in fourth-quarter sales.

On Tuesday, the company's shares rose 7% after its fiscal third-quarter earnings report, which included revenue and guidance for the fiscal fourth quarter that surpassed analysts' expectations.

Based on a survey of analysts by LSEG, here is how the company performed compared to Wall Street's expectations.

• Earnings per share: $2.41 adjusted vs. $2.44 expected
• Revenue: $9.44 billion vs. $9.34 billion expected

During the fiscal third quarter, which ended on Oct. 31, the company's revenue grew 8% year-over-year, while its net income increased by 25% to $1.5 billion from $1.2 billion in the previous year.

Salesforce anticipates its fiscal fourth-quarter sales to fall between $9.9 billion and $10.10 billion, which is lower than the analysts' projection of $10.05 billion in fourth-quarter sales.

The company anticipates an earnings per share of between $2.57 and $2.62 in the fourth quarter, which is lower than analysts' predictions of $2.65.

Salesforce increased its revenue guidance for fiscal 2025, with the low end now projected to be between $37.8 billion and $38 billion.

"Salesforce CEO Marc Benioff announced in a statement that the company delivered another quarter of exceptional financial performance across revenue, margin, cash flow, and cRPO. He stated that Agentforce, their complete AI system for enterprises built into the Salesforce Platform, is at the heart of a groundbreaking transformation."

In August, Salesforce announced that CFO Amy Weaver would step down as chief financial officer but remain in the position until a successor is appointed, after which she will become an advisor. Meanwhile, activist investor Starboard Value increased its stake in Salesforce by approximately 40% in the second quarter, following the company's letter stating that it was continuing to improve its profit margin.

In October, Starboard Value released a presentation stating that Salesforce has the potential to increase its efficiency and profitability.

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