Salesforce

March 1, 2023 – Salesforce (NYSE: CRM), the global leader in CRM, today announced results for its fourth quarter and full fiscal year ended January 31, 2023. Salesforce (NYSE: CRM) reported fiscal Q4 diluted earnings  of $1.68,Analysts polled by Capital IQ expected $1.36. Revenue for the quarter was $8.38 billion, Analysts surveyed by Capital IQ expected $7.99 billion. The company said it expects Q1 adjusted earnings of $1.60 to $1.61 on revenue of $8.16 billion to $8.18 billion. Analysts polled by Capital IQ are looking for adjusted earnings of $1.32 on revenue of $8.03 billion. The company said it expects full fiscal 2024 adjusted earnings of $7.12 to $7.14 on revenue of $34.5 billion to $34.7 billion. Analysts surveyed by Capital IQ are expecting adjusted earnings of $5.87 on revenue of $34.13 billion. Fourth Quarter Revenue of $8.38 Billion, up 14% Year-Over-Year. Revenue: Total fourth quarter revenue was $8.38 billion, an

Salesforce (NYSE:CRM) announced: As one ‘Ohana, over the last 23 years, Salesforce has built the #1 CRM that drives incredible customer success across every line of business for every industry around the world. We have never been more mission-critical to our customers. We have an unparalleled ecosystem, with thousands of partners and millions of Trailblazers building their companies on our platform. However, the environment remains challenging and our customers are taking a more measured approach to their purchasing decisions. With this in mind, we’ve made the very difficult decision to reduce our workforce by about 10 percent, mostly over the coming weeks.