Salesforce Earnings Preview: The Newfound Maturity Is Richly Rewarding Shareholders
salesforce(CRM) Seeking Alpha·2024-08-27 00:22
wdstockSalesforce (NYSE:CRM) offers one of my favorite suites of products thanks to its AI CRM platform. Everyone knows about its steady revenue growth, which has more than tripled from $10.5B in FY2018 to $34.9B in FY2024, making it the leader in the industry. In addition, Salesforce ended FY2024 with $56.9B in remaining performance obligations, which is a strength of the business. However, only recently the company switched to profit mode at the request of several activist investors, achieving a 30.5% ...