Real Money Stock of the Day Salesforce reported earnings after the bell Thursday, Aug.
The company reported earnings of 66 cents a share, well above forecasts of 47 cents.
Revenue of $4 billion rose 22% from a year earlier and beat Wall Street estimates of $3.96 billion.
"An enormous wave of digital transformation is sweeping across every industry, and major brands, like FedEx, AXA and Unicredit, turned to Salesforce in the quarter to propel their growth," said co-CEO Keith Block.
"The trust our customers have in us to drive their digital transformations is reflected in our strong quarterly results across our clouds and regions." Jeff Marks, senior portfolio analyst for Jim Cramer's Action Alerts PLUS charitable trust, weighed in on the earnings and the one metric that investors should be paying attention to.
Watch the video above to hear what metric Marks is watching.
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