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Salesforce Posts Strong Revenue With Promise of AI Boost.

Authors :
Ford, Brody
Source :
Bloomberg.com; 12/3/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Salesforce Inc. exceeded analysts' expectations with quarterly revenue of $9.44 billion, leading to a 10% increase in share value. The company's focus on artificial intelligence products, particularly Agentforce, has shown promise in tasks like customer support and sales development. Despite initial success, Salesforce's acquisitions like Slack and Mulesoft experienced slower sales growth in the fiscal third quarter. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
181287774