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Salesforce Keeps Growth Dreams Alive Enough

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Salesforce Keeps Growth Dreams Alive Enough

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https://www.wsj.com/finance/stocks/salesforce-keeps-growth-dreams-alive-enough-039486b5

 1. Finance
    
    --------------------------------------------------------------------------------

 2. Stocks
    
    --------------------------------------------------------------------------------

 3. Heard on the Street




SALESFORCE KEEPS GROWTH DREAMS ALIVE ENOUGH


LATEST RESULTS EXCEED DOWNBEAT EXPECTATIONS, BUYING CLOUD-SOFTWARE GIANT SOME
REPRIEVE FROM SLOWDOWN WORRIES

By

Dan Gallagher


Nov. 30, 2023 6:00 am ET

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Salesforce CEO Marc Benioff speaks during the Asia-Pacific Economic Cooperation
(APEC) CEO Summit in San Francisco on Nov. 16. Photo: David Paul
Morris/Bloomberg News

There was a time—and not very long ago—that

Salesforce CRM 3.22%increase; green up pointing triangle
would have scoffed at 11% growth. 



That was then. The cloud software giant’s fiscal third-quarter ended October was
the third consecutive period showing revenue growing at that pace year over
year. The company also used Wednesday’s report to affirm Wall Street’s
projection for 10% growth in the current quarter ending in January—9.8% if not
rounding. 

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.
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