Salesforce CEO Marc Benioff gave the keynote address at the Dreamforce conference in San Francisco. The company reported better-than-expected earnings, with revenue guidance for the fourth quarter exceeding Wall Street estimates. In the fiscal third quarter, revenue increased 8.6% to $10.26 billion, with net income rising to $2.09 billion. Salesforce acquired Informatica for $8 billion.

For the fiscal fourth quarter, Salesforce expects $3.02 to $3.04 in adjusted earnings per share on $11.13 billion to $11.23 billion in revenue. The company’s stock has underperformed the tech sector in 2025. Salesforce acquired Regrello and Waii startups, introduced Agentforce AI software, and set a $60 billion fiscal 2030 revenue target. Annualized revenue from Agentforce surpassed $500 million.

Analysts will discuss the results in a conference call at 5 p.m. ET. Salesforce’s stock rose 5% in extended trading. The company’s focus on AI capabilities and acquisitions have driven growth. Salesforce aims to leverage its acquisitions and AI software to enhance sales and customer service workflows. Stay tuned for updates on this developing news.

Read more at CNBC: Salesforce (CRM) Q3 earnings report 2026