Time to Buy Salesforce (CRM) Stock After Strong Q2 Results?
salesforce(CRM) ZACKS·2024-08-31 06:00
Salesforce (CRM) continued its transformation efforts to provide stronger financial figures after beating Q2 expectations on Wednesday and raising its profit guidance.This also helped to quiet fears of increasing competition from Microsoft (MSFT) and Oracle (ORCL) which have popular customer relationship managment software brands of their own.Salesforce’s Q2 Results Driven by subscription and support revenue, Salesforce posted Q2 sales of $9.32 billion which rose 8% year over year and surpassed estimates ...