Analysts had expected the company to report earnings of 14 cents a share on $1.50 billion in revenue, according to a consensus estimate from Thomson Reuters.
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Salesforce raised its full-year revenue guidance to a range of $6.52 billion to $6.55 billion, which would mark an increase of more than 20 percent from the previous year.
"No one is delivering this kind of performance," Benioff said in the company's earnings conference call.
Benioff also commented on Salesforce's competition in the cloud computing sector, saying Oracle and SAP are "falling behind" based on their recent results.
Salesforce expects a negative effect of $175 million to $200 million from a stronger dollar for the year.
Unbilled deferred revenue—which tracks business that is contracted but does not appear on the balance sheet—reached about $6 billion in its first quarter, up 25 percent year over year.
"We continue to be bullish on the platform that they're building," said Brent Thill, a senior analyst at UBS.
Despite cited currency headwinds, sales rose in each of the company's three main geographic areas—the Americas, Europe and Asia-Pacific.
Salesforce Vice Chairman and President Keith Block called Europe the company's "fastest growing region" in the conference call.
Salesforce is the leader in the $23 billion customer relationship management market, according to research firm Gartner. CRM software allows organizations to manage, organize and track sales leads.
The San Francisco-based company's fundamentals have lately taken a back seat to headlines regarding M&A speculation. Specifically, there have been reports that Salesforce hired advisors to work with it after an approach by a potential suitor.
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Since April 29, when these reports surfaced, Salesforce's shares are up 5 percent, while both the S&P 500 and the Nasdaq are basically flat over that same period. So far this year, the stock is up nearly 20 percent.
Investors speculated on which tech giant might have knocked on Benioff's door with possible takeout offers. Oracle, Microsoft and IBM were all talked about as potential suitors.
—CNBC's Josh Lipton contributed to this report