Salesforce’s share price is up nearly 12% after falling short of earnings expectations and beating Wall Street’s revenue forecast, according to Barron’s.

CRM's Q3 earnings reflect the benefits of resilient demand for its solution amid macroeconomic uncertainties and cost-restructuring initiatives. (Bloomberg) -- Salesforce Inc. shares hit a record high on Wednesday after the company reported better-than-expected quarterly revenue,

Salesforce (CRM) delivered a mixed Q3 performance. While revenue exceeded Wall Street expectations, earnings came in below estimates. Further, its Q4 earnings forecast fell short of the Street’s projections.