Salesforce (CRM) reported Q1 FY 2021 earnings of $1.21 per share (versus $0.70 per share in Q1 FY 2020), beating analysts’ consensus estimate of $0.88 per share.

The company’s quarterly revenues amounted to $5.963 bln (+22.6% y/y), beating analysts’ consensus estimate of $5.890 bln.

The company also issued upside guidance for Q2, projecting EPS of $0.91-0.92 versus analysts’ consensus estimate of $0.86 and revenues of $6.22-6.23 bln versus analysts’ consensus estimate of $6.16.

For the full year, it sees EPS of $3.79-3.81 versus analysts’ consensus estimate of $3.45 and revenues of $25.90-26.00 bln versus analysts’ consensus estimate of $25.75 bln.

CRM rose to $236.89 (+4.90%) in pre-market trading.