(Reuters) – Salesforce.com Inc on Tuesday reported better-than-expected quarterly revenue on strong demand for its cloud-based software as more companies started to digitalize their operations.
The company’s revenue rose 27% to $6.86 in the quarter ended Oct. 31, beating analysts’ estimate of $6.8 billion, according to IBES data from Refinitiv.
(Reporting by Niket Nishant and Akash Sriram in Bengaluru; Editing by Amy Caren Daniel)