Keith BlockSalesforceIt's the first earnings report as co-CEO for Keith Block, who got promoted earlier this month.

Salesforce beat in its second quarter earnings on Wednesday - its first time reporting since the $6.5 billion MuleSoft acquisition closed in early May. It beat Wall Street expectations on both the top and bottom lines.

The stock was down almost 2% after reporting earnings. The company reported lower-than-expected guidance.

Here's what Salesforce reported:

Revenue for the quarter (GAAP): Salesforce reported $3.28 billion. Analysts expected $3.23 billion.

Earnings per share for the quarter (adjusted): Salesforce reported $0.71. Analysts expected $0.47.

Revenue guidance for Q3 (GAAP): Salesforce expects $3.355 to $3.65 billion. Analysts were looking for $3.35 billion.

Earnings per share guidance for Q3 (adjusted): Salesforce expects $0.49 to $0.50. Analysts were looking for $0.54.

Revenue guidance for Fiscal Year 2019 (GAAP): Salesforce expects $13.13 billion to $13.18 billion. Analysts were looking for $13.13 billion.

Earnings per share guidance for Fiscal Year 2019 (adjusted): Salesforce expects $2.50 to $2.52. Analysts were looking for $2.32.

This story is developing...

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