the roof of a Inc. shares rose Wednesday after the cloud-based customer-relationship management company hiked its forecast for the year yet again, following a strong quarter when it closed on its acquisition of Slack Technologies Inc.

“I’m very excited that five out of the last five quarters we’ve had 20% or greater revenue growth, and the three out of the last five quarters revenue greater than 20% operating margin,” said Marc Benioff, Salesforce chairman and chief executive, on the conference call with analysts. “I don’t think we could have said either of those things five quarters ago.”

Operating margins for the second quarter were 5.2% on an unadjusted basis, and 20.4% on an adjusted basis, compared with the first quarter’s 5.9% unadjusted and 20.2% adjusted.

Last quarter, analysts debated whether Salesforce’s operating margins could be better after the company had forecast an unadjusted operating margin of about 1.4% and an adjusted operating margin of 18% for the year. This quarter, Salesforce was calling for operating margins of 1.8% unadjusted and 18.5% adjusted for the year. On the call, Benioff attributed some of this margin improvement to having to reorganize the business on a digital footing, just as other business have had to do, during the COVID-19 pandemic.

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