Salesforce posts record sales

Salesforce.com Inc. posted record sales and lifted its outlook for the current year as the business software provider benefits from a broader embrace during the pandemic of software services among enterprise customers.

The San Francisco-based company Thursday reported revenue of $5.82 billion, up 20% from the year-ago period. The company had a net income of $267 million. Results topped Wall Street's expectation of $5.68 billion in quarterly sales and a net income of $46 million, according to FactSet.

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