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The CEO of Salesforce, Marc Benioff, appears in the World Economic Forum in Davos, Switzerland, on January 23, 2025.
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Salesforce He reported weaker quarterly income than expected on Wednesday and issued a prognosis that did not reach analysts’ estimates. The price of shares decreased 2% in extended trade.
This is how the company did in relation to the consensus of LSE:
- Profit per action: $ 2.78 adjusted compared to $ 2.61 expected
- Revenue: $ 9.99 billion compared to $ 10.04 billion expected
Income increased by 7.6% compared to the previous year in the quarter that ended on January 31, according to a statement. Net income increased to $ 1.71 billion, or $ 1.75 per share, of $ 1.45 billion, or $ 1.47 per share, a year earlier.
The income of customer service products totaled $ 2.33 billion. That rises around 8% and below the consensus of $ 2.37 billion among analysts surveyed by visible Alpha. In the sales category, Salesforce generated $ 2.13 billion in revenues, 8% more and also a visible Alpha consensus of $ 2.17 billion.
During the quarter, the company introduced its second generation Agentforce Artificial Intelligence Agent Technology, which answers the questions of employees in the Slack team’s communications application.
Salesforce said that he has completed more than 3,000 agreements paid that involve Agentforce since October. Agentforce has been involved in 380,000 conversations through the Salesforce help website, and humans are involved in 2% of cases, according to the statement.
The Company requested $ 2.53 to $ 2.55 in profits adjusted per share for the first fiscal quarter, with $ 9.71 billion to $ 9.76 billion in revenues. Analysts surveyed by LSE had anticipated adjusted profits of $ 2.61 per share, with $ 9.9 billion in revenues.
For fiscal year 2026, Salesforce points to $ 11.09 to $ 11.17 in share adjusted for $ 40.5 billion to $ 40.9 billion in revenues, which implies a growth of 7.4%. The consensus of LSEG was for proceedings adjusted per share of $ 11.18 at $ 41.35 billion in income.
At the end of Wednesday, Salesforce’s shares decreased approximately 8% in until now in 2025, while the S&P 500 index has gained approximately 1%.
Executives will discuss the results with analysts at a telephone conference from 5 pm et.
These are last -minute news. Consult the updates again.
