Salesforce, Inc. (NYSE:CRM) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 6:35 PM ET Company Participants Amy Weaver - President & CFO Conference Call Participants Keith Weiss - Morgan Stanley Keith Weiss Excellent. Thank you everyone for joining us this afternoon. My name is Keith Weiss. I run the U.S. software research practice here at Morgan Stanley. And very pleased to have with us Amy Weaver President and CFO of Salesforce. Seems like we're doing a little bit of a repeat of last w ...

财务表现 - 2024财年营收为349亿美元，同比增长11%[126] - 2024财年营业利润为50亿美元，较去年同期增长4倍，营业利润率从3%增至14%[126] - 2024财年每股 diluted earnings 为4.20美元，较去年同期增长20倍[127] - 2024财年经营活动现金流为102亿美元，同比增长44%[128] - 2024财年总剩余履约义务约为569亿美元，同比增长17%[129] 财务细节 - 2024财年回购了约3600万股普通股，金额约为77亿美元[131] - 2024财年重组相关成本约为9.88亿美元[132] - 2024财年订阅和支持收入占总收入的93%[136] - 2024财年软件许可证收入占订阅和支持收入的不到10%[136] - 2024年1月31日，公司的流失率（不包括Slack）约为8%[137] 财务分析 - 公司第一季度通常是最大的收款和经营现金流季度[139] - 公司的剩余履约义务代表尚未确认为收入的合同下的所有未来收入[139] - 订阅和支持收入的成本主要包括提供服务和支持的相关费用[140] - 专业服务和其他收入的成本主要包括与这些服务相关的员工相关成本[140] - 研发费用主要包括与产品开发相关的员工薪资和相关费用[140] 公司运营 - 公司于2022年8月授权回购最多100亿美元的普通股，截至2024年1月31日，公司已回购77亿美元的股票[157] - 公司于2024年2月28日宣布首次现金股息政策，每股派发0.40美元的现金股息[158] - 公司截至2024年1月31日的未取消租赁和其他合同义务总额约为21.4亿美元，其中未来12个月内需支付的金额为11亿美元[159] - 公司相信现有的现金、现金等价物、可交易证券、经营活动提供的现金、未计入资产负债表的合同非可取消订阅协议的未开票金额以及必要时我们的信贷额度将足以满足未来12个月的运营资本、资本支出和债务维护需求[3] - 公司可能会寻求额外的股权或债务融资，以便进行收购或投资[3]

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Salesforce.com (CRM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. Salesforce.com is one of 622 companies in the Comp ...

成长投资 - 成长投资是一种广泛采用的策略，投资者瞄准预计在以上平均水平增长其收入和利润的公司[1] - Uber Technologies、Meta Platforms和Salesforce是强劲成长股的考虑对象[2] - Uber Technologies在最新的季度业绩表现优异，股价在盈利后出现了牛市活动[4]

增长股投资 - 投资者寻找增长股，以利用金融领域的高于平均增长，帮助这些证券吸引市场关注并产生异常回报[1] - Zacks Growth Style Score是一个超越传统增长属性的评分系统，用于分析公司的真实增长前景，有助于找到前沿增长股[3] - Salesforce.com是一个具有有利的增长评分和顶级Zacks排名的股票，具有出色的增长潜力[4]

公司股价表现 - Salesforce.com (CRM) 最近被列入 Zacks.com 最受关注股票之一[1] - 过去一个月，该公司股价上涨了+10.9%，而同期 Zacks S&P 500 综合指数上涨了+4.8%[2] 盈利预期关键因素 - Zacks 认为公司未来盈利预期的变化是确定股票公允价值的关键因素[3] - 分析师对公司盈利预期的修订与股价走势之间存在强烈相关性[4]

The past year proved fruitful for numerous investors, with substantial gains in the stock market. In 2024, with two months already behind us, optimism is exceptionally high, especially within the technology sector. In light of the favorable trends witnessed in the previous months, Finbold has pinpointed three stocks expected to maintain strong performance in March. Although these stocks might be less well-known, their technical and fundamental indicators and analyst ratings indicate promising prospects. Mas ...

M N 1 Mar 2024 CMB International Global Markets | Equity Research | Company Update Salesforce (CRM US) 4Q results in-line; eye on AI development Target Price US$350.00 Salesforce reported 4QFY24 financial results: total revenue was up 10.8% YoY (Previous TP US$329.30) to US$9.29bn, in line with consensus estimate of US$9.22bn. FY24 total revenue Up/Downside 16.8% was up 11.2% YoY to US$34.9bn. Non-GAAP operating income grew by 19.3% Current Price US$299.77 YoY to US$2.92bn in 4QFY24, also in line with conse ...

Chung Sung-Jun Investment Thesis Salesforce (NYSE:CRM) delivered an impressive fourth quarter, beating on both the top and bottom lines. Despite issuing a lighter-than-expected revenue guidance, the company's overall guidance for FY25 was strong, especially from a margin and profitability perspective. The company also initiated its first-ever quarterly dividend. In this article, I analyze the company's fourth-quarter performance as well as argue why Data Cloud and Einstein Copilot are the top catalysts for ...

美国国会审议人工智能立法 - 美国国会正在审议多项与人工智能相关的立法，但尚未有专门针对人工智能的官方监管法规[1] - Salesforce的首席道德和人道使用官保拉·戈德曼表示，她对美国国会很有信心，认为很快将会出台新的法律来规范人工智能[2] - 戈德曼指出，美国国会已经开始关注制定人工智能法律的必要性，并且各州也在努力制定自己的人工智能法律[3] - 戈德曼强调了确保美国立法者能够就人工智能法律达成一致并尽快通过的重要性，同时也提到了欧盟AI法案和英国的相关举措[4]