Business software maker Salesforce Inc forecast second-quarter revenue above market estimates on Wednesday, as demand for its cloud-based offerings stays strong in the face of a turbulent economy.

The company expects revenue of between $8.51 billion and $8.53 billion for the quarter, compared with analysts' estimates of $8.49 billion, according to Refinitiv IBES data.

Revenue was $8.25 billion for the quarter ended April 30, compared with expectations of $8.18 billion.

  - Reuters