Salesforce Beats Estimates, Raises Guidance; Shares Jump Over 11% in Pre-market
Salesforce Inc shares surged in pre-market trading after the company reported better-than-expected fiscal second-quarter results and raised its full-year 2027 guidance. Salesforce reported second-quarter revenue of $11.35 billion,…
Salesforce Inc shares surged in pre-market trading after the company reported better-than-expected fiscal second-quarter results and raised its full-year 2027 guidance.
Salesforce reported second-quarter revenue of $11.35 billion, beating the consensus estimate of $11.32 billion. The enterprise software company posted adjusted earnings per share of $5.90, exceeding expectations of $3.27.
Salesforce raised its fiscal 2027 revenue outlook to a range of $46.1 billion to $46.4 billion, up from the previous range of $45.9 billion to $46.2 billion, compared to market expectations of $46.11 billion. The company lifted its full-year adjusted EPS guidance to a range of $16.67 to $16.71, up from the prior range of $14.06 to $14.12, versus expectations of $14.14.
Salesforce shares rose 11.2% to $228.55 in pre-market trading.
Here are other notable pre-market movers:
Gainers
Mercer International Inc rose 68% to $0.69 in pre-market trading after the company announced that its pulp mill in Alberta received government funding from Canada.
Meiwu Technology Co Ltd rose 57.3% to $3.90 in pre-market trading after the company disclosed that its subsidiary signed an equity transfer agreement.
VolitionRX Ltd rose 53.3% to $0.52 in pre-market trading. On Wednesday, the stock fell 12%. The company recently announced the publication of a peer-reviewed paper and commentary showing that its Nu.Q NETs H3.1 biomarker can predict 28-day mortality and renal replacement therapy needs in sepsis patients.
Mint Incorporation Ltd rose 31.7% to $2.37 in pre-market trading. On Wednesday, the stock fell over 6%.
Yunji Inc rose 19.7% to $3.30 in pre-market trading. Yunji recently reported that its first-half sales performance declined year-over-year.
Okta Inc rose 19% to $160.00 in pre-market trading after the company reported better-than-expected fiscal second-quarter results and raised its fiscal 2027 guidance, exceeding expectations.
Reitar Logtech Holdings Ltd rose 17.5% to $0.10 in pre-market trading. Reitar Logtech recently announced the formation of a joint venture with Smart Pointer to advance cold-chain logistics and digital supply chain services in the Greater Bay Area.
Lantronix Inc rose 17.2% to $6.64 in pre-market trading after the company reported better-than-expected quarterly sales results.
AXT Inc shares rose 11.4% to $72.70 in pre-market trading.
Losers
Xiao-I Corp plunged 23.1% to $0.62 in pre-market trading. Xiao-I agreed to sell $4.33 million in unsecured convertible notes to institutional investors for $4 million.
Volato Group Inc fell 19.4% to $0.20 in pre-market trading. On Wednesday, Volato Group shares surged 55% after the company announced a merger agreement with Alignment Engine.
Cre8 Enterprise Ltd fell 18.4% to $5.56 in pre-market trading. On Wednesday, Cre8 Enterprise shares climbed 165% after the company reported that the number of clients served in the first half of 2026 grew year-over-year.
Veea Inc fell 15.6% to $0.10 in pre-market trading after the company announced a 1-for-20 reverse stock split.
Vision Marine Technologies Inc fell 15.4% to $7.87 in pre-market trading. On Wednesday, the stock rose approximately 29%.
Wendy's Co fell 13% to $7.87 in pre-market trading.
YY Group Holding Ltd fell 12.4% to $1.86 in pre-market trading. On Wednesday, YY Group Holding shares surged 84% after the company announced the signing of a supplementary agreement to cancel $5.94 million in second-tranche convertible notes and warrants.
Reading International Inc fell 11.3% to $13.65 in pre-market trading. On Wednesday, the stock surged 62%.
HP Inc fell 8.3% to $28.00 in pre-market trading. HP reported strong third-quarter results and raised its fiscal 2026 earnings forecast.
Solowin Holdings Ltd fell 5.1% to $2.25 in pre-market trading.
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