Salesforce reported better-than-expected results for the fiscal fourth quarter, with earnings per share coming in at $2.29, adjusted, compared to the expected $2.26. Revenue for the quarter reached $9.29 billion, surpassing estimates of $9.22 billion. The company's revenue saw a 10.8% year-over-year growth for the quarter that ended on January 31. Salesforce also announced a dividend payout of 40 cents per share.

Despite the strong quarterly performance, Salesforce's shares faced a decline of up to 6% in after-hours trading after the company issued a conservative revenue forecast for the 2025 fiscal year. The company expects adjusted earnings for the first quarter of 2025 to be in the range of $2.37 to $2.39 per share, with projected revenue between $9.12 billion and $9.17 billion.

Looking ahead to the full fiscal year 2025, Salesforce anticipates adjusted earnings to range from $9.68 to $9.76 per share, with revenue projected to reach $37.7 billion to $38.0 billion. Despite this, the revenue forecast fell short of analyst expectations of $38.62 billion in revenue.

Analysts had initially predicted $9.57 per share for the company's adjusted earnings. Salesforce's performance metrics were shared during a statement, with executives scheduled to discuss the results with analysts during a conference call starting at 5 p.m. ET. The share price of Salesforce has already seen a 14% rise year-to-date, outperforming the S&P 500 index, which has gained 6% over the same period.