Shares of Salesforce Inc (NYSE:CRM) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY27 guidance.
Salesforce delivered second-quarter revenue of $11.35 billion, beating the consensus estimate of $11.32 billion. The enterprise software company posted adjusted earnings of $5.90 per share, beating estimates of $3.27 per share, according to Benzinga Pro.
Salesforce raised its fiscal 2027 revenue outlook from a range of $45.9 billion to $46.2 billion to a new range of $46.1 to $46.4 billion, versus estimates of $46.11 billion. The company raised its full-year adjusted earnings guidance from a range of $14.06 to $14.12 per share to a new range of $16.67 to $16.71 per share, versus estimates of $14.14 per share.
Salesforce shares jumped 11.2% to $228.55 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Mercer International Inc (NASDAQ:MERC) gained 68% to $0.69 in pre-market trading after the company announced Canadian government funding for its Alberta pulp mill.
- Meiwu Technology Co Ltd (NASDAQ:WNW) rose 57.3% to $3.90 in pre-market trading after the company disclosed its subsidiary entered into an equity transfer agreement.
- VolitionRX Ltd (NYSE:VNRX) rose 53.3% to $0.52 in pre-market trading after declining 12% on Wednesday. The company recently announced the publication of a peer‑reviewed paper and editorial showing its Nu.Q NETs H3.1 biomarker predicts 28‑day mortality and need for renal replacement therapy in sepsis patients.
- Mint Incorporation Ltd (NASDAQ:MIMI) rose 31.7% to $2.37 in pre-market trading after dipping over 6% on Wednesday.
- Yunji Inc (NASDAQ:YJ) gained 19.7% to $3.30 in pre-market trading. Yunji recently reported a year-over-year decrease in its H1 sales results.
- Okta Inc (NASDAQ:OKTA) rose 19% to $160.00 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY27 guidance above estimates.
- Reitar Logtech Holdings Ltd (NASDAQ:RITR) gained 17.5% to $0.10 in pre-market trading. Reitar Logtech recently announced a joint venture with Smart Pointer, advancing cold-chain fulfilment and digital supply chain services across the Greater Bay area.
- Lantronix Inc (NASDAQ:LTRX) rose 17.2% to $6.64 in pre-market trading after the company reported better-than-expected quarterly sales results.
- AXT Inc (NASDAQ:AXTI) shares gained 11.4% to $72.70 in pre-market trading.
Losers
- Xiao-I Corp (NASDAQ:AIXI) tumbled 23.1% to $0.62 in pre-market trading. Xiao-I agreed to sell $4.33 million unsecured convertible note for $4 million to institutional investor.
- Volato Group Inc (NYSE:SOAR) fell 19.4% to $0.20 in pre-market trading. Volato Group shares jumped 55% on Wednesday after the company announced a deal to merge with Alignment Engine.
- Cre8 Enterprise Ltd (NASDAQ:CRE) fell 18.4% to $5.56 in pre-market trading. Cre8 Enterprise shares climbed 165% on Wednesday after the company reported a year-over-year increase in the number of customers served in H1 2026.
- Veea Inc (NASDAQ:VEEA) declined 15.6% to $0.10 in pre-market trading after the company announced a 1-for-20 reverse stock split.
- Vision Marine Technologies Inc (NASDAQ:VMAR) fell 15.4% to $7.87 in pre-market trading after jumping around 29% on Wednesday.
- Wendy’s Co (NASDAQ:WEN) fell 13% to $7.87 in pre-market trading.
- YY Group Holding Ltd (NASDAQ:YYGH) fell 12.4% to $1.86 in pre-market trading. YY Group Holding shares jumped 84% on Wednesday after the company announced a supplemental agreement canceling its $5.94 million Second Convertible Note Tranche and Warrants.
- Reading International Inc (NASDAQ:RDIB) fell 11.3% to $13.65 in pre-market trading after jumping 62% on Wednesday.
- HP Inc (NYSE:HPQ) fell 8.3% to $28.00 in pre-market trading. HP posted upbeat results for the third quarter and raised its FY2026 earnings forecast.
- Solowin Holdings Ltd (NASDAQ:AXG) fell 5.1% to $2.25 in pre-market trading.
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